Companies in the Energy sector have received a lot of coverage today as analysts weigh in on EQT (EQT – Research Report), Devon Energy (DVN – Research Report) and California Resources Corp (CRC – Research Report).
EQT (EQT)
In a report released today, Roger Read from Wells Fargo maintained a Buy rating on EQT, with a price target of $48.00. The company’s shares closed last Tuesday at $36.52.
According to TipRanks.com, Read is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for EQT with a $44.08 average price target, implying a 18.7% upside from current levels. In a report issued on February 13, Jefferies also maintained a Buy rating on the stock with a $51.00 price target.
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Devon Energy (DVN)
In a report released yesterday, Doug Leggate from Bank of America Securities reiterated a Hold rating on Devon Energy, with a price target of $50.00. The company’s shares closed last Tuesday at $44.32.
According to TipRanks.com, Leggate is a 5-star analyst with an average return of
Currently, the analyst consensus on Devon Energy is a Moderate Buy with an average price target of $54.31, a 23.1% upside from current levels. In a report released yesterday, TD Cowen also maintained a Hold rating on the stock with a $48.00 price target.
California Resources Corp (CRC)
In a report released today, Kalei Akamine from Bank of America Securities maintained a Hold rating on California Resources Corp, with a price target of $64.00. The company’s shares closed last Tuesday at $55.00, close to its 52-week high of $58.44.
Akamine has an average return of
According to TipRanks.com, Akamine is ranked #5208 out of 8750 analysts.
California Resources Corp has an analyst consensus of Strong Buy, with a price target consensus of $68.75.
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