RBC Capital Reiterates Outperform on Chord Energy, Maintains $180 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Hanold has reiterated an Outperform rating on Chord Energy (NASDAQ:CHRD) and maintained a price target of $180.
November 21, 2023 | 5:52 pm
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POSITIVE IMPACT
RBC Capital analyst Scott Hanold reaffirmed an Outperform rating on Chord Energy with a steady price target of $180, indicating a positive outlook on the stock.
The reiteration of an Outperform rating by a prominent analyst suggests a strong conviction in the company's future performance. Maintaining a high price target of $180 implies that the analyst sees significant upside potential for the stock, which could positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100