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Siebert Williams Shank & Co Keeps Their Buy Rating on Crescent Energy Company Class A (CRGY)

Tipranks - Tipranks - Tue Jan 27, 6:24AM CST

Siebert Williams Shank & Co analyst Gabriele Sorbara maintained a Buy rating on Crescent Energy Company Class A today and set a price target of $14.00.

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According to TipRanks, Sorbara is a 5-star analyst with an average return of 15.9% and a 52.67% success rate. Sorbara covers the Energy sector, focusing on stocks such as Coterra Energy, Devon Energy, and Infinity Natural Resources, Inc. Class A.

In addition to Siebert Williams Shank & Co, Crescent Energy Company Class A also received a Buy from KeyBanc’s Tim Rezvan in a report issued on January 23. However, yesterday, Jefferies maintained a Hold rating on Crescent Energy Company Class A (NYSE: CRGY).

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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

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