Roth MKM Upgrades Coterra Energy to Buy, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Leo Mariani has upgraded Coterra Energy (NYSE:CTRA) from Neutral to Buy and increased the price target from $25 to $29.
August 27, 2024 | 10:25 am
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POSITIVE IMPACT
Roth MKM has upgraded Coterra Energy from Neutral to Buy, with a new price target of $29, indicating a positive outlook for the stock.
The upgrade from Neutral to Buy by Roth MKM suggests increased confidence in Coterra Energy's performance. The raised price target from $25 to $29 indicates expectations of stock price appreciation, likely leading to positive investor sentiment and potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100