UBS analyst Josh Silverstein maintains $Coterra Energy (CTRA.US)$ with a buy rating, and adjusts the target price from $31 to $35.
According to TipRanks data, the analyst has a success rate of 59.6% and a total average return of 8.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Coterra Energy (CTRA.US)$'s main analysts recently are as follows:
The company's recent Permian acquisitions have introduced a new primary development zone in Northern Delaware, offering considerable potential to enhance operations.
Coterra Energy has enhanced its core Delaware inventory with oil-rich assets at a cost-effective price, contributing to an improved implied capital efficiency for legacy assets by 2025. Additionally, strong buyback activity is expected to balance any risks associated with share overhang.
Note:
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