JPMorgan Chase & Co. Gives Sable Offshore 'Overweight' Rating and $10 Price Target

Analysts at JPMorgan Chase & Co. have initiated coverage on shares of Sable Offshore (NYSE:SOC), giving the company an 'overweight' rating and a $10.00 price target.

This would indicate a potential upside of 175.94% from the stock's current price, which is currently at $3.62 per share.

The Santa Ynez Unit (SYU) is Sable Offshore's primary offshore asset, located in federal waters off the coast of California.