Civitas Resources (CIVI) Gets a Hold from Piper Sandler
In a report released today, Mark Lear from Piper Sandler maintained a Hold rating on Civitas Resources, with a price target of $27.00.
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Lear covers the Energy sector, focusing on stocks such as EOG Resources, Coterra Energy, and Devon Energy. According to TipRanks, Lear has an average return of 3.4% and a 54.39% success rate on recommended stocks.
In addition to Piper Sandler, Civitas Resources also received a Hold from UBS’s Josh Silverstein in a report issued on December 12. 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
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- Civitas Resources price target raised to $29 from $27 at UBS
- SM Energy price target lowered to $28 from $36 at KeyBanc
- Civitas Resources Approves New Executive Severance Plan
- Civitas Resources price target lowered to $36 from $39 at Morgan Stanley
- Civitas Resources downgraded on pending merger at Piper Sandler
