Citigroup Maintains Neutral on Coterra Energy, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber has maintained a Neutral rating on Coterra Energy (NYSE:CTRA) and raised the price target from $26 to $27.
September 20, 2023 | 11:58 am
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Citigroup has maintained a Neutral rating on Coterra Energy and raised the price target from $26 to $27.
The news is directly about Coterra Energy. Citigroup's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target could be seen as a positive signal, potentially leading to a slight increase in investor confidence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100