Piper Sandler Downgrades Comstock Resources to Underweight, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has downgraded Comstock Resources (NYSE:CRK) from Neutral to Underweight and lowered the price target from $8 to $5.
August 15, 2024 | 9:41 am
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NEGATIVE IMPACT
Piper Sandler has downgraded Comstock Resources from Neutral to Underweight and reduced the price target from $8 to $5.
The downgrade from Neutral to Underweight and the significant reduction in the price target from $8 to $5 by Piper Sandler is likely to negatively impact investor sentiment and the stock price of Comstock Resources in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100