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Chord Energy price target raised to $143 from $142 at Wells Fargo

Wells Fargo raised the firm’s price target on Chord Energy (CHRD) to $143 from $142 and keeps an Overweight rating on the shares. The firm anticipates relatively in-line operational and financial results for Q2. Key areas of focus include progress on 4-mile lateral development, Q2 production and capital plan, share buyback execution, and M&A/A&D outlook, Wells adds.

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