On April 16, Crescent Energy shares surged 5.8% after Q1 EPS beat estimates by $0.37 and dividend was raised to $0.12.

Crescent Energy (CRGY) shares surged 5.8% on April 16, as several analysts weighed in on its outlook with ratings ranging from Hold to Strong Buy. Analysts' price targets ranged from $18.00 (Tudor, Pickering, Holt & Co.) to $20.00 (Wells Fargo & Co.), with Truist Financial at $19.00. The company reported a Q1 EPS of $0.58, beating estimates by $0.37 and raising its dividend to $0.12. The stock has a consensus rating of "Buy" with a price target of $14.70.

May 07, 2024
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