Why Centennial Resource Development Inc. (NASDAQ:CDEV) Stock Increased 4.60 percent in recent Trade?

Piper Sandler raised the price target for the Centennial Resource Development Inc. (NASDAQ:CDEV) stock from ‘a Neutral’ to ‘an Overweight’. The rating was released on April 07, 2023, according to finviz. We previously noted in another research note published on April 01, 2023 by Stifel that upgraded the stock from a Hold to a Buy with a price target of $11.20 for CDEV stock. The research report from Wells Fargo has upgraded the stock from Underweight to Equal Weight, with a price target set at $12.