Susquehanna Upgrades Coterra Energy to Positive, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril has upgraded Coterra Energy (NYSE:CTRA) from Neutral to Positive, while also lowering the price target from $31 to $30.

January 26, 2024 | 11:34 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Coterra Energy has been upgraded from Neutral to Positive by Susquehanna, although the price target has been reduced from $31 to $30.
The upgrade to a Positive rating by a prominent analyst is likely to instill confidence in investors and could lead to a short-term increase in stock price. However, the reduction in the price target might temper some of the positive sentiment, as it suggests a more conservative outlook on the stock's valuation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100