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Wall Street Analysts Are Bullish on Top Energy Picks

Tipranks - Thu Jul 23, 6:46AM CDT

There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on EQT (EQT), Halliburton (HAL) and Riley Exploration Permian (REPX) with bullish sentiments.

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EQT (EQT)

Stephens analyst Michael Scialla maintained a Buy rating on EQT today and set a price target of $72.00. The company’s shares closed last Tuesday at $49.80.

According to TipRanks.com, Scialla is a 1-star analyst with an average return of -1.0% and a 39.9% success rate. Scialla covers the NA sector, focusing on stocks such as Mach Natural Resources LP, California Resources Corp, and Granite Ridge Resources. ;'>

Currently, the analyst consensus on EQT is a Strong Buy with an average price target of $69.20, implying a 41.0% upside from current levels. In a report issued on July 8, TipRanks – xAI also upgraded the stock to Buy with a $57.00 price target.

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Halliburton (HAL)

Susquehanna analyst Charles Minervino maintained a Buy rating on Halliburton today and set a price target of $42.00. The company’s shares closed last Tuesday at $33.19.

According to TipRanks.com, Minervino is a 5-star analyst with an average return of 20.1% and a 64.0% success rate. Minervino covers the NA sector, focusing on stocks such as Oil States International, Baker Hughes Company, and Occidental Petroleum. ;'>

Halliburton has an analyst consensus of Strong Buy, with a price target consensus of $44.07, representing a 32.2% upside. In a report released yesterday, TipRanks – xAI also upgraded the stock to Buy with a $39.00 price target.

Riley Exploration Permian (REPX)

In a report released today, Gabriel Daoud from Truist Financial maintained a Buy rating on Riley Exploration Permian, with a price target of $47.00. The company’s shares closed last Tuesday at $35.24, close to its 52-week high of $37.55.

According to TipRanks.com, Daoud is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -10.4% and a 41.1% success rate. Daoud covers the NA sector, focusing on stocks such as Enterprise Products Partners, Mach Natural Resources LP, and Occidental Petroleum. ;'>

Riley Exploration Permian has an analyst consensus of Strong Buy, with a price target consensus of $46.00, implying a 30.6% upside from current levels. In a report issued on July 7, TipRanks – PerPlexity also upgraded the stock to Buy with a $37.00 price target.

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