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Wells Fargo Reaffirms Their Buy Rating on Crescent Energy Company Class A (CRGY)

Tipranks - Sat Jul 4, 12:22PM CDT

Wells Fargo analyst Sam Margolin maintained a Buy rating on Crescent Energy Company Class A yesterday and set a price target of $18.00. The company’s shares closed yesterday at $9.34.

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Margolin covers the Energy sector, focusing on stocks such as BP, Chevron, and Marathon Petroleum. According to TipRanks, Margolin has an average return of 11.5% and a 66.44% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Crescent Energy Company Class A with a $17.60 average price target, representing an 88.44% upside. In a report released on June 18, Raymond James also maintained a Buy rating on the stock with a $18.00 price target.

Based on Crescent Energy Company Class A’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.18 billion and a GAAP net loss of $419.85 million. In comparison, last year the company earned a revenue of $950.17 million and had a GAAP net loss of $2.15 million

Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CRGY in relation to earlier this year. Most recently, in May 2026, Marcus Rowland, a Director at CRGY sold 40,000.00 shares for a total of $530,000.00.

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