Truist Securities Upgrades HighPeak Energy to Hold, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has upgraded HighPeak Energy (NASDAQ:HPK) from Sell to Hold and raised the price target from $10 to $13.
May 23, 2024 | 10:36 am
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POSITIVE IMPACT
Truist Securities has upgraded HighPeak Energy from Sell to Hold and increased the price target from $10 to $13, indicating a more positive outlook on the stock.
The upgrade from Sell to Hold and the increased price target suggest that Truist Securities sees improved prospects for HighPeak Energy. This positive analyst action is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100