Stifel Maintains Buy on Coterra Energy, Raises Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Derrick Whitfield has maintained a 'Buy' rating on Coterra Energy (NYSE:CTRA) and raised the price target from $34 to $35.
July 24, 2023 | 4:31 pm
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POSITIVE IMPACT
Stifel's maintained 'Buy' rating and increased price target for Coterra Energy could potentially boost investor confidence and positively impact the stock's short-term price.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. Stifel's maintained 'Buy' rating indicates a positive outlook for Coterra Energy, and the raised price target suggests an expectation of stock price growth. This could lead to increased investor interest and a potential short-term rise in Coterra Energy's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100