Truist Securities Maintains Buy on Chord Energy, Lowers Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Chord Energy but lowered the price target from $223 to $185.

September 30, 2024 | 1:57 pm
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Truist Securities has maintained a Buy rating on Chord Energy but lowered the price target from $223 to $185.
The maintenance of a Buy rating suggests continued confidence in Chord Energy's performance, but the lowered price target indicates a more cautious outlook on its valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100