BMO Capital Maintains Outperform on Chord Energy, Lowers Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Phillip Jungwirth maintains an Outperform rating on Chord Energy but lowers the price target from $205 to $175.
October 04, 2024 | 5:36 pm
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BMO Capital has maintained its Outperform rating on Chord Energy but has reduced the price target from $205 to $175, indicating a more cautious outlook.
The reduction in the price target from $205 to $175 suggests a more cautious outlook on Chord Energy's future performance, which could lead to a short-term negative impact on the stock price. However, the maintained Outperform rating indicates continued confidence in the company's overall prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100