Crescent Energy Company Class A ( (CRGY) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Crescent Energy Company’s stock is on the rise, largely due to its strong performance in the energy sector, which earned it a Buy rating from Piper Sandler with a price target of $15. However, Mizuho Securities remains cautiously optimistic, maintaining a Hold rating and adjusting their price target to $10. Additionally, the recent acquisition of SilverBow is a noteworthy development that could impact the stock’s future performance.
More about Crescent Energy Company Class A
YTD Price Performance: -39.59%
Average Trading Volume: 4,156,791
Technical Sentiment Signal: Sell
Current Market Cap: $2.16B
For further insights into CRGY stock on TipRanks’ Stock Analysis page.
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