Truist Securities Maintains Buy on Civitas Resources, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann maintains a Buy rating on Civitas Resources (NYSE:CIVI) and raises the price target from $103 to $105.
May 06, 2024 | 12:35 pm
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Truist Securities maintains a Buy rating on Civitas Resources and raises the price target from $103 to $105.
The increase in price target by Truist Securities reflects a positive outlook on Civitas Resources, suggesting confidence in the company's future performance. This analyst action can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100