Raymond James Upgrades Coterra Energy to Outperform, Announces $34 Price Target
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst John Freeman has upgraded Coterra Energy (NYSE:CTRA) from Market Perform to Outperform and set a price target of $34.
October 24, 2023 | 1:44 pm
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POSITIVE IMPACT
Coterra Energy has been upgraded to Outperform by Raymond James with a price target of $34.
The upgrade from Raymond James is a positive signal for Coterra Energy. It indicates that the analyst believes the company's stock will outperform the market. The $34 price target suggests a potential upside from the current price. This could lead to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100