Wells Fargo Maintains Overweight on Crescent Energy, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an Overweight rating on Crescent Energy (NYSE:CRGY) and increased the price target from $19 to $20.
April 22, 2024 | 1:35 pm
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Wells Fargo has maintained an Overweight rating on Crescent Energy and raised the price target from $19 to $20.
The upgrade in the price target by a reputable analyst like Roger Read from Wells Fargo is a positive signal for Crescent Energy. It suggests a bullish outlook on the stock's future performance, potentially leading to increased investor confidence and a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100