Mizuho Maintains Buy on Civitas Resources, Raises Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst William Janela has maintained a Buy rating on Civitas Resources (NYSE:CIVI) and increased the price target from $90 to $98.
May 13, 2024 | 3:26 pm
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POSITIVE IMPACT
Mizuho analyst William Janela reaffirmed a Buy rating on Civitas Resources and raised the price target from $90 to $98, indicating a positive outlook on the stock.
The upgrade in price target by a reputable analyst suggests a strong confidence in the company's future performance. Such endorsements typically lead to positive investor sentiment and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100