Analysts Fuel Energy Sector Optimism with Bullish Calls on CRGY, CVX, and WMB
Three energy companies have received bullish sentiments from analysts, boosting investor optimism in the sector.
Crescent Energy Company Class A (CRGY) has an analyst consensus of Strong Buy, with a price target consensus of $16.25, implying a 41.7% upside from current levels.
Gabriele Sorbara from Siebert Williams Shank & Co reiterated a Buy rating on CRGY with a price target of $16.00 and a success rate of 56.6%, while Wolfe Research also maintained a Buy rating on the stock with a $15.00 price target.
Chevron (CVX) has a Strong Buy analyst consensus rating with an average price target of $213.07, implying an 8.3% upside from current levels.
John Royall from Piper Sandler maintained a Buy rating on CVX with a price target of $207.00 and a success rate of 56.7%, while DBS also maintained a Buy rating on the stock with a $222.00 price target.