What Analysts Are Saying About Chord Energy Stock
Portfolio Pulse from Benzinga Insights
Analysts have varied opinions on Chord Energy (NASDAQ:CHRD) with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased to $219.11. Recent analyst actions include both raises and lowers in price targets, reflecting evolving market conditions and company performance. Chord Energy has shown strong financial performance with significant revenue growth, high net margin, and efficient debt management.
June 03, 2024 | 2:01 pm
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Chord Energy (NASDAQ:CHRD) has received mixed analyst ratings, with a majority being bullish or somewhat bullish. The average 12-month price target has increased to $219.11, indicating positive sentiment. The company has shown strong financial performance with significant revenue growth, high net margin, and efficient debt management.
The majority of analysts have a positive outlook on Chord Energy, with an increase in the average price target. The company's strong financial performance, including revenue growth and efficient debt management, supports a likely positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100