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Siebert Williams Shank & Co Reaffirms Their Buy Rating on Coterra Energy (CTRA)

Tipranks - Tipranks - Tue Jan 27, 6:24AM CST

In a report released today, Gabriele Sorbara from Siebert Williams Shank & Co reiterated a Buy rating on Coterra Energy, with a price target of $35.00.

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Sorbara covers the Energy sector, focusing on stocks such as Coterra Energy, Devon Energy, and Infinity Natural Resources, Inc. Class A. According to TipRanks, Sorbara has an average return of 15.9% and a 52.67% success rate on recommended stocks.

Currently, the analyst consensus on Coterra Energy is a Strong Buy with an average price target of $32.50.

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Based on Coterra Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.82 billion and a net profit of $322 million. In comparison, last year the company earned a revenue of $1.3 billion and had a net profit of $252 million

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