Navigating 20 Analyst Ratings For Coterra Energy
Portfolio Pulse from Benzinga Insights
20 analysts have recently published ratings on Coterra Energy (NYSE:CTRA), with a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased to $33.4, reflecting a 5.6% rise from the previous target. Key financial indicators show a decline in revenue but strong profitability and effective cost management.
May 24, 2024 | 4:00 pm
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POSITIVE IMPACT
Coterra Energy (NYSE:CTRA) has received mixed ratings from 20 analysts, with a majority being bullish or somewhat bullish. The average 12-month price target has increased to $33.4, indicating positive sentiment. Despite a recent revenue decline, the company shows strong profitability and effective cost management.
The majority of analysts have a bullish or somewhat bullish outlook on Coterra Energy, and the average price target has increased. This suggests positive sentiment and potential for short-term price appreciation. However, the revenue decline is a concern, though mitigated by strong profitability metrics.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100