Coterra Energy price target raised to $28 from $26 at Jefferies
Jefferies raised the firm's price target on Coterra Energy (CTRA) to $28 from $26 and keeps a Hold rating on the shares as the firm comes off restriction following the Franklin Mountain/Avant purchase in New Mexico. The firm models the deal delivering about $500M of additional free cash flow, along with incremental inventory in 'a key oil asset,' the analyst tells investors.
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Read More on CTRA:
Coterra Energy price target raised to $36 from $33 at Barclays
Coterra Energy price target raised to $34 from $33 at Piper Sandler
Coterra Energy price target raised to $33 from $30 at Roth MKM
Coterra Energy price target raised to $41 from $35 at Raymond James
Coterra Energy price target raised to $32 from $30 at Morgan Stanley

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