Civitas Resources (CIVI) PT Lowered to $84 at Mizuho

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JPMorgan Starts Civitas Resources (CIVI) at Overweight

September 18, 2024 5:28 AM EDT

JPMorgan analyst Zach Parham initiates coverage on Civitas Resources (NYSE: CIVI) with a Overweight rating and a price target of $67.00.

The analyst comments "We are initiating coverage of Civitas Resources (CIVI) with an Overweight rating and a Dec-25 price target of $67. CIVI is a $5.4 B market cap E&P focused on development of assets in the Permian and DJ Basins. CIVI was formed through the combination of multiple DJ Basin operators in 2021 and entered the... More