Piper Sandler Sticks to Their Hold Rating for Civitas Resources (CIVI)
Piper Sandler analyst Mark Lear maintained a Hold rating on Civitas Resources today and set a price target of $27.00.
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According to TipRanks, Lear is a 4-star analyst with an average return of 4.6% and a 57.82% success rate. Lear covers the Energy sector, focusing on stocks such as EOG Resources, Coterra Energy, and Devon Energy.
In addition to Piper Sandler, Civitas Resources also received a Hold from Siebert Williams Shank & Co’s Gabriele Sorbara in a report issued on December 5. However, on December 9, TR | OpenAI – 4o reiterated a Buy rating on Civitas Resources (NYSE: CIVI).
Based on Civitas Resources’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.17 billion and a net profit of $177 million. In comparison, last year the company earned a revenue of $1.27 billion and had a net profit of $295.8 million
Read More on CIVI:
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