Piper Sandler Maintains Neutral on Coterra Energy, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear maintains a Neutral rating on Coterra Energy (NYSE:CTRA) and raises the price target from $30 to $31.
May 18, 2023 | 1:08 pm
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Piper Sandler maintains a Neutral rating on Coterra Energy and raises the price target from $30 to $31.
The news of Piper Sandler maintaining a Neutral rating on Coterra Energy and raising the price target from $30 to $31 indicates that the analyst sees potential in the stock but is not overly bullish. This may not have a significant short-term impact on the stock price, as the rating remains unchanged and the price target increase is relatively small. However, it could signal to investors that the stock is fairly valued and may not experience significant price fluctuations in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100