Truist Securities Maintains Buy on Civitas Resources, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann maintains a Buy rating on Civitas Resources (NYSE:CIVI) but lowers the price target from $105 to $100.
July 22, 2024 | 3:24 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Civitas Resources but lowers the price target from $105 to $100.
The maintained Buy rating suggests continued confidence in Civitas Resources' performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100