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Analysts Offer Insights on Energy Companies: CVR Energy (CVI) and Flotek (FTK)

Tipranks - Tipranks - Tue Jan 6, 8:16AM CST

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on CVR Energy (CVI – Research Report) and Flotek (FTK – Research Report).

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CVR Energy (CVI)

In a report released today, Manav Gupta from UBS maintained a Hold rating on CVR Energy, with a price target of $35.00. The company’s shares closed last Friday at $25.19.

According to TipRanks.com, Gupta is a 4-star analyst with an average return of 3.6% and a 58.7% success rate. Gupta covers the NA sector, focusing on stocks such as Venture Global, Inc. Class A, Hess Midstream Partners, and HF Sinclair Corporation. ;'>

The word on The Street in general, suggests a Strong Sell analyst consensus rating for CVR Energy with a $27.40 average price target.

See the top stocks recommended by analysts >>

Flotek (FTK)

Northland Securities analyst Jeff Grampp maintained a Buy rating on Flotek today and set a price target of $20.00. The company’s shares closed last Friday at $17.05.

According to TipRanks.com, Grampp is a 4-star analyst with an average return of 5.9% and a 32.9% success rate. Grampp covers the NA sector, focusing on stocks such as Tamboran Resources Corporation, Mach Natural Resources LP, and Hallador Energy Company. ;'>

Flotek has an analyst consensus of Moderate Buy, with a price target consensus of $19.50.

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