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Barclays Sticks to Their Buy Rating for Coterra Energy (CTRA)

Tipranks - Tipranks - Wed Jan 28, 4:00AM CST

In a report released today, Betty Jiang from Barclays maintained a Buy rating on Coterra Energy, with a price target of $34.00.

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According to TipRanks, Jiang is an analyst with an average return of -1.8% and a 41.92% success rate. Jiang covers the Energy sector, focusing on stocks such as Chevron, Coterra Energy, and Exxon Mobil.

In addition to Barclays, Coterra Energy also received a Buy from Susquehanna’s Charles Minervino in a report issued yesterday. However, on the same day, Morgan Stanley maintained a Hold rating on Coterra Energy (NYSE: CTRA).

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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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