Wells Fargo Maintains Overweight on Crescent Energy, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Hanwen Chang maintains an Overweight rating on Crescent Energy (NYSE:CRGY) but lowers the price target from $21 to $20.
October 01, 2024 | 6:58 pm
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NEUTRAL IMPACT
Wells Fargo maintains an Overweight rating on Crescent Energy but reduces the price target from $21 to $20, indicating a slight decrease in expected valuation.
The Overweight rating suggests a positive outlook, but the lowered price target indicates a slight reduction in expected valuation. This mixed signal may result in a neutral short-term impact on CRGY's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100