Form 8-K CIVITAS RESOURCES, INC. For: Feb 24

Go back to Form 8-K CIVITAS RESOURCES, INC. For: Feb 24

Civitas Resources (CIVI) PT Lowered to $77 at Truist Securities

February 26, 2025 8:26 AM EST

Truist Securities analyst Neal Dingmann lowered the price target on Civitas Resources (NYSE: CIVI) to $77.00 (from $80.00) while maintaining a Buy rating.

The analyst comments "CIVI shares materially underperformed yesterday driven by investors' negative interpretation of guidance and timing of a recent acquisition. While... More

JPMorgan Downgrades Civitas Resources (CIVI) to Neutral

February 26, 2025 5:08 AM EST

JPMorgan analyst Zach Parham downgraded Civitas Resources (NYSE: CIVI) from Overweight to Neutral with a price target of $62.00 (from $68.00).

The analyst comments "JPM View. Prior to 4Q earnings, CIVI management had laid out a clear strategy that prioritized FCF generation, significant cash return to shareholders, debt reduction, and M&A, in that order. CIVI shares trade at a discounted valuation, and our prior OW rating was underpinned by the significant formulaic share buyback... More

Civitas Resources (CIVI) PT Lowered to $72 at Mizuho

February 25, 2025 5:31 AM EST

Mizuho analyst Nitin Kumar lowered the price target on Civitas Resources (NYSE: CIVI) to $72.00 (from $78.00) while maintaining a Outperform rating.

The analyst comments "Stock Reaction to PR - Moderately Negative. Given macro volatility, CIVI is scaling back activity vs. its base case... More