Siebert Williams Shank & Co Keeps Their Buy Rating on Coterra Energy (CTRA)
Siebert Williams Shank & Co analyst Gabriele Sorbara maintained a Buy rating on Coterra Energy on February 20 and set a price target of $35.00. The company’s shares closed last Friday at $31.28.
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Sorbara covers the Energy sector, focusing on stocks such as Coterra Energy, Devon Energy, and CNX Resources. According to TipRanks, Sorbara has an average return of 15.1% and a 63.49% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Coterra Energy with a $32.40 average price target, representing a 3.58% upside. In a report released on February 6, Roth MKM also maintained a Buy rating on the stock with a $28.00 price target.
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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- Devon Energy price target raised to $52 from $47 at Susquehanna
- Devon Energy upgraded to Overweight from Equal Weight at Barclays
- Devon Energy price target raised to $45 from $41 at Scotiabank
- Coterra Energy downgraded to Neutral from Buy at Roth Capital
- Coterra Energy merger expected to be accretive, says Susquehanna
