RBC Capital lowered the firm’s price target on Civitas Resources (CIVI) to $47 from $58 and keeps an Outperform rating on the shares. While the reset of operations and staffing that is underway is providing better sustainability moving forward, the recent oil price downtrend makes deleveraging more challenging and puts more pressure on asset sales, the analyst tells investors in a research note.

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Lennar, Dutch Bros, Civitas, Hershey, Smucker: Trending by Analysts Civitas Resources price target lowered to $48 from $70 at Morgan Stanley Boeing upgraded, Lockheed downgraded: Wall Street’s top analyst calls Civitas Resources downgraded to Market Perform from Outperform at BMO Capital Civitas Resources price target lowered to $48 from $73 at Jefferies

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