Mizuho Maintains Buy on Coterra Energy, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Buy rating on Coterra Energy (CTRA) and raises the price target from $37 to $41.
May 13, 2024 | 3:08 pm
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Mizuho analyst Nitin Kumar reaffirmed a Buy rating on Coterra Energy and increased the price target from $37 to $41, indicating a positive outlook on the company.
The upgrade in price target by a reputable analyst like Nitin Kumar from Mizuho suggests a strong confidence in Coterra Energy's future performance. Such endorsements typically lead to positive investor sentiment and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100