Piper Sandler Reaffirms Their Buy Rating on Crescent Energy Company Class A (CRGY)
In a report released today, Mark Lear from Piper Sandler maintained a Buy rating on Crescent Energy Company Class A, with a price target of $13.00.
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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, Crescent Energy Company Class A also received a Buy from TR | OpenAI – 4o’s Grant Digwell in a report issued on December 9. However, today, Mizuho Securities maintained 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 $9.51 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:
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- Crescent Energy price target raised to $12 from $11 at Mizuho
- Sezzle to replace Vital Energy in S&P 600 at open on 12/15
- Crescent Energy sells non-operated DJ Basin assets to private buyer for $90M
- Crescent Energy Launches Exchange Offers for Senior Notes
- Crescent Energy price target lowered to $13 from $15 at Piper Sandler
