Analysts Rating: Callon Petroleum Company (NYSE:CPE) Stock Won ‘an Outperform’ Rating From RBC Capital Mkts

RBC Capital Mkts raised the price target for the Callon Petroleum Company (NYSE:CPE) stock from ‘a Sector perform’ to ‘an Outperform’. The rating was released on June 06, 2023, according to finviz. The research report from Truist has upgraded the stock from Hold to Buy, with a price target set at $100. The stock was downgraded by JP Morgan, who disclosed in a research note on January 21, 2023, from Neutral to Underweight and set the price objective to $62. In their research brief published November 19, 2021, Wells Fargo analysts upgraded the Callon Petroleum Company stock from Underweight to Equal Weight with a price target of $75.