StockNews.com started coverage on shares of PEDEVCO (NYSE:PED – Free Report) in a research note issued to investors on Thursday morning. The firm issued a sell rating on the stock.
Separately, D. Boral Capital dropped their target price on shares of PEDEVCO from $2.25 to $1.50 and set a “buy” rating on the stock in a report on Wednesday, November 20th.
PEDEVCO Stock Performance
About PEDEVCO
PEDEVCO Corp., an oil and gas company, focuses on the acquisition, development, and production of oil and natural gas assets in the United States. It holds interests in the Permian Basin asset covering an area of approximately 22,721 net acres located in New Mexico; and D-J Basin asset covering an area of approximately 19,214 net acres located in Wyoming.
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