Truist Securities Maintains Buy on Coterra Energy, Lowers Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Coterra Energy but lowered the price target from $34 to $31.
September 30, 2024 | 2:11 pm
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Truist Securities has maintained a Buy rating on Coterra Energy but lowered the price target from $34 to $31.
The analyst's decision to maintain a Buy rating suggests continued confidence in Coterra Energy's prospects, 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