TD Cowen analyst David Deckelbaum maintained a Buy rating on Civitas Resources (CIVI – Research Report) today and set a price target of $41.00.
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Deckelbaum covers the Energy sector, focusing on stocks such as APA, Devon Energy, and EQT. According to TipRanks, Deckelbaum has an average return of -4.6% and a 35.64% success rate on recommended stocks.
In addition to TD Cowen, Civitas Resources also received a Buy from Piper Sandler’s Mark Lear in a report issued today. However, on the same day, Siebert Williams Shank & Co maintained a Hold rating on Civitas Resources (NYSE: CIVI).
Based on Civitas Resources’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.29 billion and a net profit of $151.11 million. In comparison, last year the company earned a revenue of $1.13 billion and had a net profit of $302.87 million
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