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Roth MKM Releases a Buy Rating on Coterra Energy (CTRA)

Tipranks - Tipranks - Tue Feb 3, 7:28AM CST

Roth MKM analyst Leo Mariani assigned a Buy rating to Coterra Energy today and set a price target of $30.00.

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Mariani covers the Energy sector, focusing on stocks such as Sable Offshore, Coterra Energy, and Diamondback. According to TipRanks, Mariani has an average return of 27.1% and a 60.35% success rate on recommended stocks.

In addition to Roth MKM, Coterra Energy also received a Buy from TipRanks – xAI’s xAi Oil and Gas Exploration and Production in a report issued yesterday. However, on January 26, 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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