Truist Securities Maintains Buy on Crescent Energy, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Crescent Energy but lowered its price target from $19 to $15.
September 30, 2024 | 2:14 pm
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NEUTRAL IMPACT
Truist Securities has maintained a Buy rating on Crescent Energy but lowered its price target from $19 to $15.
The maintenance of a Buy rating suggests continued confidence in Crescent Energy's potential, but the lowered price target indicates a more cautious outlook on its valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100