Mizuho raised the firm’s price target on Earthstone Energy to $19 from $18 and keeps a Neutral rating on the shares ahead of the Q2 report. The company has an improved asset base, but is fighting higher volume declines near term, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ESTE:
- Earthstone Energy Announces Pricing of Private Offering of $500 Million of Senior Unsecured Notes due 2031
- Earthstone Energy announces private offering of $500M of senior unsecured notes
- Earthstone Energy Announces Private Offering of $500 Million of Senior Unsecured Notes due 2031
- Earthstone Energy price target raised to $32 from $30 at Truist
- Earthstone Energy price target raised to $29 from $23 at Benchmark