Evercore ISI Group Maintains In-Line on Granite Ridge Resources, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an In-Line rating on Granite Ridge Resources (NYSE:GRNT) but lowered the price target from $8 to $7.
September 30, 2024 | 5:41 pm
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Evercore ISI Group has maintained an In-Line rating on Granite Ridge Resources but lowered the price target from $8 to $7, indicating a less optimistic outlook.
The lowering of the price target from $8 to $7 by Evercore ISI Group suggests a less optimistic view on Granite Ridge Resources' future performance, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100