Morgan Stanley lowered the firm’s price target on Civitas Resources (CIVI) to $36 from $39 and keeps an Equal Weight rating on the shares. The firm is updating its price targets for Energy stocks in North America to account for updated 2025 guidance and preliminary 2026 messaging, the analyst tells investors. Morgan Stanley continues to prefer gas over oil stocks.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CIVI:
- Civitas Resources downgraded on pending merger at Piper Sandler
- Civitas Resources downgraded to Neutral from Overweight at Piper Sandler
- Civitas Resources Announces Merger Details with SM Energy
- SM Energy and Civitas Resources announce additional details on merger
- Civitas Resources price target raised to $55 from $45 at Mizuho