JP Morgan Initiates Coverage On Crescent Energy with Neutral Rating, Announces Price Target of $12
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has initiated coverage on Crescent Energy with a Neutral rating and set a price target of $12.
September 18, 2024 | 12:34 pm
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NEUTRAL IMPACT
JP Morgan has initiated coverage on Crescent Energy with a Neutral rating and a price target of $12, indicating a balanced view on the stock's potential.
The Neutral rating suggests that JP Morgan sees neither significant upside nor downside in Crescent Energy's stock price. The price target of $12 provides a specific valuation benchmark for investors. This information is crucial for investors as it reflects a major financial institution's perspective on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100