Mizuho Maintains Underperform on Comstock Resources, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar has maintained an Underperform rating on Comstock Resources (NYSE:CRK) while raising the price target from $10 to $11.
May 13, 2024 | 3:35 pm
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Mizuho analyst Nitin Kumar maintains an Underperform rating on Comstock Resources, but raises the price target from $10 to $11.
The maintenance of an Underperform rating suggests a negative outlook on the stock's performance. However, the increase in price target from $10 to $11 indicates a slightly more positive view on the stock's valuation than before. This mixed signal could lead to short-term uncertainty among investors, potentially causing a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100