Truist Securities Maintains Buy on Riley Exploration Permian, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann maintains a Buy rating on Riley Exploration Permian (REPX) and raises the price target from $50 to $53.
March 11, 2024 | 3:01 pm
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Truist Securities analyst Neal Dingmann maintains a Buy rating on Riley Exploration Permian and raises the price target from $50 to $53.
The upgrade in the price target by a reputable analyst like Neal Dingmann suggests a positive outlook on the company's future performance. This is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100