2021-03-08 07:05:01 REI Ring Energy
03/08/21 03/0807:05 03/08/2107:05 | Ring Energy assumed at Buy from Neutral at Alliance Global PartnersAlliance Global Partners analyst Jeffrey Campbell assumed Ring Energy with a Buy rating, up from Neutral, and a $3.48 price target. He views Ring as "a strong operator in a largely ignored neck" of the Permian Basin, said Campbell, who argues that small operators like Ring "will fly under activist's radar and stand to benefit from any investor underestimation of future oil and gas demand." |
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