Jefferies Maintains Buy on Sable Offshore, Raises Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Lloyd Byrne has maintained a Buy rating on Sable Offshore (NYSE:SOC) and raised the price target from $19 to $32.
September 04, 2024 | 7:51 pm
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Jefferies has increased its price target for Sable Offshore from $19 to $32, maintaining a Buy rating. This suggests a positive outlook for the company's stock.
The increase in price target from $19 to $32 by Jefferies, along with maintaining a Buy rating, indicates a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in SOC's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100