In a report released yesterday, Gabriele Sorbara from Siebert Williams Shank & Co reiterated a Buy rating on Centennial Resource Development (CDEV – Research Report), with a price target of $12.00. The company's shares closed last Thursday at $6.12. According to TipRanks.com, Sorbara is a 5-star analyst with an average return of 11.4% and a 44.0% success rate. Sorbara covers the Utilities sector, focusing on stocks such as Continental Resources, Magnolia Oil & Gas, and Chesapeake Energy. Currently, the analyst consensus on Centennial Resource Development is a Moderate Buy with an average price target of $10.20, representing a 57.9% upside.
https://www.tipranks.com/news/blurbs/siebert-williams-shank-co-reiterates-a-buy-rating-on-centennial-resource-development-cdev?utm_source=advfn.com&utm_medium=referral
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