Stephens & Co. Maintains Overweight on Crescent Energy, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Mike Scialla maintains an Overweight rating on Crescent Energy (NYSE:CRGY) and raises the price target from $15 to $16.
October 28, 2024 | 2:16 pm
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POSITIVE IMPACT
Stephens & Co. has reaffirmed its Overweight rating on Crescent Energy and increased the price target from $15 to $16, indicating a positive outlook.
The reaffirmation of an Overweight rating and an increase in the price target from $15 to $16 by Stephens & Co. suggests a positive sentiment towards Crescent Energy's stock. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100