Jefferies Initiates Coverage On Chord Energy with Hold Rating, Announces Price Target of $160
Portfolio Pulse from Benzinga Newsdesk
Jefferies has initiated coverage on Chord Energy with a Hold rating and set a price target of $160.
September 05, 2024 | 10:50 pm
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NEUTRAL IMPACT
Jefferies has initiated coverage on Chord Energy with a Hold rating and a price target of $160, indicating a neutral stance on the stock.
The Hold rating suggests that Jefferies does not see significant upside or downside in the short term for Chord Energy. The price target of $160 provides a benchmark for investors, but the neutral rating indicates limited expected movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100