Mizuho Maintains Neutral on Crescent Energy, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst William Janela has maintained a Neutral rating on Crescent Energy (CRGY) and increased the price target from $13 to $14.

May 13, 2024 | 3:28 pm
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Mizuho analyst William Janela maintained a Neutral rating on Crescent Energy, but raised the price target from $13 to $14.
The increase in price target by Mizuho suggests a positive outlook on the company's future performance, potentially leading to increased investor interest and a short-term positive impact on the stock price. However, the maintenance of a Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential for both upside and downside.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100