Stifel Maintains Buy on Coterra Energy, Raises Price Target to $36
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 $35 to $36.
August 18, 2023 | 2:06 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, while the raised price target suggests an expected increase in the stock's value. This could potentially lead to increased demand for the stock, driving up its short-term price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100