Citi raised the firm’s price target on Chord Energy (CHRD) to $160 from $135 and keeps a Buy rating on the shares following the Q4 report. The company reported a positive print with performance driven by production slightly above expectations on both capital and operating expenses slightly below, the analyst tells investors in a research note.
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:
- Chord Energy Announces $750 Million Notes Offering
- Chord Energy’s Earnings Call Highlights Strong Performance
- Chord Energy Reports Strong 2024 Results and Positive 2025 Outlook
- Chord Energy: Strong Financial Performance and Promising Outlook Justify Buy Rating
- Chord Energy: Balanced Performance with Upside Risks and Cost Concerns Justifying Hold Rating
