Piper Sandler Maintains Overweight on Chord Energy, Raises Price Target to $209
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear has maintained an Overweight rating on Chord Energy (NASDAQ:CHRD) and increased the price target from $206 to $209.
November 16, 2023 | 3:28 pm
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Piper Sandler has reaffirmed Chord Energy's Overweight rating and raised the price target from $206 to $209, indicating a positive outlook on the stock.
The increase in price target by Piper Sandler suggests a positive sentiment towards Chord Energy's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price, as market participants often react to analyst upgrades and price target changes.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100