Truist Securities Maintains Buy on Riley Exploration Permian, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Riley Exploration Permian (AMEX:REPX) but has lowered the price target from $48 to $45.
July 22, 2024 | 4:15 pm
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NEUTRAL IMPACT
Truist Securities has maintained a Buy rating on Riley Exploration Permian but has lowered the price target from $48 to $45.
The maintained Buy rating suggests continued confidence in the stock, 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