Piper Sandler analyst Mark Lear lowered the firm’s price target on Chord Energy (CHRD) to $159 from $161 and keeps an Overweight rating on the shares. The firm cites its low leverage profile and opportunities to enhance inventory economics as it re-permits ERF to three-mile development.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CHRD: