Wells Fargo Maintains Overweight on Chord Energy, Lowers Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Hanwen Chang maintains an Overweight rating on Chord Energy but lowers the price target from $200 to $185.
October 01, 2024 | 7:02 pm
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NEUTRAL IMPACT
Wells Fargo maintains an Overweight rating on Chord Energy but reduces the price target from $200 to $185, indicating a slightly less optimistic outlook.
The Overweight rating suggests continued confidence in Chord Energy's performance, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100