RBC Capital analyst Scott Hanold lowered the firm’s price target on Chord Energy (CHRD) to $128 from $135 and keeps an Outperform rating on the shares. The firm has updated its estimates based on its final Q4 commodity mark-to-market and RBC’s new commodity price deck calling for lower oil prices in 2026-2027, the analyst tells investors in a research note.
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Read More on CHRD:
- Chord Energy downgraded to Neutral from Outperform at Pickering Energy
- Chord Energy price target lowered to $119 from $123 at UBS
- Chord Energy price target lowered to $148 from $150 at Mizuho
- Chord Energy price target raised to $150 from $142 at Mizuho
- Chord Energy initiated with an Outperform at William Blair