BofA analyst Kalei Akamine lowered the firm’s price target on Infinity Natural Resources (INR) to $20 from $24 and keeps a Buy rating on the shares. Bullish sentiment on natural gas has persisted for 18 months, but the firm sees rising risk of oversupply in 2027, which combined with lower price forecasts drives an average 12% reduction in its price objectives among the gas-levered E&P group.
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