Crescent Energy (CRGY) Price Target Cut by Piper Sandler

Group 1 - Crescent Energy Company's share price fell by 7.33% from November 11 to November 18, 2025, making it one of the worst-performing energy stocks during that week [1] - Piper Sandler analyst Mark Lear revised the price target for Crescent Energy from $15 to $13 while maintaining an 'Overweight' rating, citing updates to exploration and production models following Q3 reports [3] - The company reported a strong Q3 performance with adjusted EPS of $0.35, exceeding expectations by $0.04, and revenue growth of 16.3% year-over-year to $866 million [4] Group 2 - Crescent Energy agreed to sell its drilling portfolio in the US Rocky Mountain region for over $400 million, which is expected to strengthen its balance sheet and allow a focus on core areas in the Eagle Ford and Uinta basins [4] - Despite the recent dip in share price, the earlier gain of over 20% in the month was attributed to the positive Q3 results, indicating potential profit-taking by investors [4]