Roth Capital analyst Nick Pope lowered the firm's price target on HighPeak Energy to $10 from $12 and keeps a Buy rating on the shares. The company sits as one of the more sensitive stocks to oil prices, and while expectations heading into guidance were negative, moderate CAPEX plans for 2026 and a plan to push ample free cash flow toward debt reduction has caused the shares to rebound strongly, the analyst tells investors in a research note.