Citigroup Maintains Buy on Chord Energy, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Diamond maintains a Buy rating on Chord Energy (NASDAQ:CHRD) but lowers the price target from $195 to $180.
August 12, 2024 | 1:28 pm
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Citigroup analyst Paul Diamond maintains a Buy rating on Chord Energy but lowers the price target from $195 to $180.
The maintained Buy rating suggests continued confidence in Chord Energy's performance, but the lowered price target indicates some caution regarding its short-term potential. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100