Piper Sandler Maintains Overweight on Civitas Resources, Raises Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear maintains an Overweight rating on Civitas Resources (NYSE:CIVI) and raises the price target from $92 to $103, indicating a positive outlook on the stock.
March 07, 2024 | 12:43 pm
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POSITIVE IMPACT
Piper Sandler maintains an Overweight rating on Civitas Resources and raises the price target to $103, showing confidence in the company's future performance.
The increase in the price target by Piper Sandler reflects a strong vote of confidence in Civitas Resources' future performance and potential for stock price appreciation. Given the analyst's positive outlook, this could lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100