Wall Street Analysts Are Bullish on Top Energy Picks
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Chord Energy (CHRD – Research Report) and Flotek (FTK – Research Report) with bullish sentiments.
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Chord Energy (CHRD)
In a report released today, Neal Dingmann from William Blair maintained a Buy rating on Chord Energy. The company’s shares closed last Tuesday at $114.52, close to its 52-week low of $99.40.
According to TipRanks.com, Dingmann is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Chord Energy with a $121.25 average price target, which is a 5.8% upside from current levels. In a report issued on February 26, TipRanks – xAI also upgraded the stock to Buy with a $115.00 price target.
See the top stocks recommended by analysts >>
Flotek (FTK)
In a report released today, Jeff Grampp from Northland Securities maintained a Buy rating on Flotek, with a price target of $20.00. The company’s shares closed last Tuesday at $16.84.
According to TipRanks.com, Grampp is a 4-star analyst with an average return of
Flotek has an analyst consensus of Strong Buy, with a price target consensus of $21.33, representing a 33.3% upside. In a report released today, Lake Street also maintained a Buy rating on the stock with a $25.00 price target.
