Keybanc Initiates Coverage On Civitas Resources with Overweight Rating, Announces Price Target of $94
Portfolio Pulse from Benzinga Newsdesk
Keybanc has initiated coverage on Civitas Resources (NYSE:CIVI) with an Overweight rating and a price target of $94, as announced by analyst Tim Rezvan.
June 27, 2024 | 4:52 pm
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POSITIVE IMPACT
Keybanc has initiated coverage on Civitas Resources with an Overweight rating and a price target of $94. This positive analyst rating could boost investor confidence and potentially drive the stock price higher in the short term.
The initiation of coverage with an Overweight rating and a specific price target of $94 by a reputable analyst from Keybanc is likely to positively influence investor sentiment. This could lead to increased buying activity and a potential rise in the stock price of Civitas Resources in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100