B of A Securities Reiterates Neutral on Granite Ridge Resources, Announces $7 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Noah Hungness has reiterated a Neutral rating on Granite Ridge Resources (NYSE:GRNT) and announced a price target of $7.

June 14, 2024 | 12:05 pm
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NEUTRAL IMPACT
B of A Securities has reiterated a Neutral rating on Granite Ridge Resources (NYSE:GRNT) and set a price target of $7. This suggests that the analyst does not expect significant movement in the stock price in the near term.
The reiteration of a Neutral rating and a specific price target of $7 indicates that the analyst does not foresee significant upside or downside in the stock. This suggests a stable outlook for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100