Ring Energy price target lowered to $2.50 from $3 at Alliance Global Partners

Alliance Global Partners lowered the firm’s price target on Ring Energy (REI) to $2.50 from $3 and keeps a Buy rating on the shares. Ring Energy’s Q4 results and 2025 guidance were overall slightly negative, with lower CapEx, especially for Q1, driving a weaker oil guidance than expected, the analyst tells investors in a research note.