Mizuho Maintains Buy on Chord Energy, Raises Price Target to $214
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Buy rating on Chord Energy (NASDAQ:CHRD) and raises the price target from $195 to $214.
May 13, 2024 | 3:25 pm
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POSITIVE IMPACT
Mizuho analyst Nitin Kumar reaffirmed a Buy rating on Chord Energy and increased the price target from $195 to $214, indicating a positive outlook on the stock.
The upgrade in price target by a reputable analyst like Nitin Kumar from Mizuho signals a strong confidence in Chord Energy's future performance. Such endorsements often lead to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100