Truist Securities Maintains Hold on HighPeak Energy, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on HighPeak Energy while lowering its price target from $14 to $12.
September 30, 2024 | 2:30 pm
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NEGATIVE IMPACT
Truist Securities has maintained a Hold rating on HighPeak Energy and reduced its price target from $14 to $12, indicating a less optimistic outlook.
The lowering of the price target from $14 to $12 by Truist Securities suggests a less favorable view on HighPeak Energy's future performance, which could lead to a negative short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100