Wells Fargo Sticks to Its Buy Rating for Crescent Energy Company Class A (CRGY)
Wells Fargo analyst Hanwen Chang maintained a Buy rating on Crescent Energy Company Class A on November 14 and set a price target of $15.00. The company’s shares closed last Friday at $9.33.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Chang covers the Energy sector, focusing on stocks such as Chord Energy, Murphy Oil, and Matador Resources. According to TipRanks, Chang has an average return of -4.5% and a 35.23% 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 $13.83 average price target, a 48.23% upside from current levels. In a report released on November 12, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $10.50 price target.
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
Read More on CRGY:
Disclaimer & DisclosureReport an Issue
- Crescent Energy Releases Pro Forma Financial Information
- Crescent Energy Faces Operational Constraints Amid Vital Energy Merger Talks
- Crescent Energy’s Strong Q3 2025 Performance and Strategic Moves
- Crescent Energy’s Earnings Call Highlights Strategic Gains
- Crescent Energy Acquires Vital Energy for $3.1 Billion
