Piper Sandler Reaffirms Their Buy Rating on Crescent Energy Company Class A (CRGY)

Piper Sandler analyst Mark Lear maintained a Buy rating on Crescent Energy Company Class A today and set a price target of $13.00.

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According to TipRanks, Lear is a 4-star analyst with an average return of 5.1% and a 54.58% success rate. Lear covers the Energy sector, focusing on stocks such as EOG Resources, Prairie Operating Co, and Chord Energy.

In addition to Piper Sandler, Crescent Energy Company Class A also received a Buy from Wells Fargo’s Hanwen Chang in a report issued on November 14. However, on November 5, TR | OpenAI – 4o reiterated a Hold rating on Crescent Energy Company Class A (NYSE: CRGY).

Based on Crescent Energy Company Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $866.58 million and a GAAP net loss of $10.27 million. In comparison, last year the company earned a revenue of $744.87 million and had a GAAP net loss of $9.95 million