Truist Securities Maintains Sell on HighPeak Energy, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann has maintained a Sell rating on HighPeak Energy (NASDAQ:HPK) and lowered the price target from $11 to $10.
April 05, 2024 | 5:29 pm
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NEGATIVE IMPACT
Truist Securities has maintained a Sell rating on HighPeak Energy and reduced the price target from $11 to $10.
The reduction in price target by Truist Securities, along with the maintenance of a Sell rating, suggests a negative outlook for HighPeak Energy's stock in the short term. This could lead to a decrease in investor confidence and potentially lower stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100