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Analysts Have Conflicting Sentiments on These Energy Companies: Coterra Energy (CTRA) and Paladin Energy Ltd (OtherPALAF)

Tipranks - Thu Jan 22, 6:56PM CST

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Coterra Energy (CTRAResearch Report) and Paladin Energy Ltd (PALAFResearch Report).

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Coterra Energy (CTRA)

Barclays analyst Betty Jiang maintained a Buy rating on Coterra Energy yesterday and set a price target of $34.00. The company’s shares closed last Wednesday at $26.75.

According to TipRanks.com, Jiang is a 1-star analyst with an average return of -1.8% and a 41.9% success rate. Jiang covers the NA sector, focusing on stocks such as California Resources Corp, Antero Resources, and Range Resources. ;'>

Currently, the analyst consensus on Coterra Energy is a Strong Buy with an average price target of $32.22, a 20.4% upside from current levels. In a report issued on January 12, J.P. Morgan also reiterated a Buy rating on the stock with a $31.00 price target.

See the top stocks recommended by analysts >>

Paladin Energy Ltd (PALAF)

In a report released today, Matthew Hope from Ord Minnett maintained a Sell rating on Paladin Energy Ltd, with a price target of A$9.75. The company’s shares closed last Wednesday at $8.80.

According to TipRanks.com, Hope is a 5-star analyst with an average return of 35.5% and a 72.7% success rate. Hope covers the Basic Materials sector, focusing on stocks such as Sheffield Resources Limited, Northern Minerals Limited, and Iluka Resources Limited. ;'>

Currently, the analyst consensus on Paladin Energy Ltd is a Moderate Buy with an average price target of $7.42.

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