Analysts Offer Insights on Energy Companies: Chord Energy (CHRD) and Flotek (FTK)
Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Chord Energy (CHRD – Research Report) and Flotek (FTK – Research Report).
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Chord Energy (CHRD)
In a report released yesterday, Paul Diamond CFA from Citi maintained a Hold rating on Chord Energy, with a price target of $120.00. The company’s shares closed last Monday at $126.37.
According to TipRanks.com, CFA is a 4-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 $134.25 average price target, which is an 8.5% upside from current levels. In a report issued on March 7, TipRanks – PerPlexity also downgraded the stock to Hold with a $132.00 price target.
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Flotek (FTK)
In a report released yesterday, Poe Fratt from Alliance Global Partners maintained a Buy rating on Flotek, with a price target of $19.00. The company’s shares closed last Monday at $16.96.
According to TipRanks.com, Fratt is a top 100 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Flotek with a $21.50 average price target, implying a 20.2% upside from current levels. In a report issued on March 12, TipRanks – Anthropic also upgraded the stock to Buy with a $19.00 price target.
