On October 6, HighPeak signed agreements to sell 450,000 shares of Series A 6.0% Perpetual Convertible Preferred Stock at a $1,000 stated value, for gross proceeds of about $450 million. A subsidiary of PT Danantara Investment Management, which the company describes as a sovereign …
RBC Capital Markets acted on August 20, within two weeks of the results. The firm kept its Outperform rating and lowered its price target to $19 from $20. The price of USD 16.38 sits below that target. This is the firm's own view, not …
Six large brokerages have acted since the August 4 results, with mixed ratings. Wells Fargo raised its target to $560 from $400 on October 14 and kept an Overweight rating. Citi moved to $518 from $318 on October 13 at Neutral. Barclays lifted its …
Six large brokerages have acted since the July 23 results release. Citi kept a Buy rating and raised its target to $68 from $66 on July 29. UBS held Buy and lifted its target to $85 from $74 on September 14. Truist, also at …
Morgan Stanley raised its target to $27 from $25 on October 15 and kept an Overweight rating. Wells Fargo lifted its target to $28 from $27 on October 14, also at Overweight. On October 12, Citi and Truist each moved their targets to $28 …
Morgan Stanley raised its target to $284 from $196 on September 14 and kept Overweight. Mizuho downgraded to Neutral from Outperform on October 8 and lifted its target to $300 from $220, saying much of the refining earnings improvement is already reflected in share …
Truist has acted since the August 5 results. In mid-August it lowered its price target to $41 from $47 and kept its Buy rating. This is the firm's own view, not a forecast by this article.
Barclays raised its target to $200 from $177 on October 19 and kept Overweight. Morgan Stanley kept Overweight on October 15 and lifted its target to $185 from $177. Wells Fargo downgraded the shares to Equal Weight from Overweight on October 1, with a …
Oil climbed through the October 16, 2026 session as attacks on tankers in the Middle East raised fears of lost supply. West Texas Intermediate settled at USD 101.41 and Brent at USD 109.86, the highest Brent close since May 19. Some reports describe midday …
Energy was the one corner of the market that worked on October 16, 2026. Targa Resources rose 4.37%, Diamondback Energy 4.27% and Kinder Morgan 4.20%, according to published data on S&P 500 members. EOG Resources and EQT each rose 3.53%, ConocoPhillips 3.37% and Chevron …