Mizuho Maintains Buy on Coterra Energy, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar has maintained a Buy rating on Coterra Energy (NYSE:CTRA) but has lowered the price target from $35 to $34.

March 21, 2024 | 1:14 pm
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Mizuho has maintained a Buy rating on Coterra Energy but lowered the price target from $35 to $34.
While the reduction in price target from $35 to $34 by Mizuho might seem negative, the maintenance of a Buy rating by analyst Nitin Kumar suggests a continued positive outlook on Coterra Energy's stock. The slight adjustment in price target could reflect minor adjustments in valuation models or market conditions, but the overall positive stance is likely to support investor confidence in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100