Truist Securities Maintains Hold on Coterra Energy, Lowers Price Target to $26
Portfolio Pulse from jenniferd'souza@benzinga.com
Truist Securities analyst Neal Dingmann has maintained a 'Hold' rating on Coterra Energy (NYSE:CTRA) and lowered the price target from $29 to $26.

July 24, 2023 | 4:04 pm
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NEGATIVE IMPACT
Coterra Energy's price target has been lowered from $29 to $26 by Truist Securities, which maintains a 'Hold' rating on the stock.
The lowering of the price target by Truist Securities indicates a potential decrease in Coterra Energy's stock value in the short term. The 'Hold' rating suggests that the stock is expected to perform at the same level, but the lowered price target may negatively impact investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100