BofA raised the firm’s price target on Chord Energy (CHRD) to $165 from $140 and keeps a Buy rating on the shares. The firm is updating its price targets for U.S. Oil and Gas stocks under its coverage, the analyst tells investors. BofA believes the market is positioned for de-escalation and sees a forward outlook marked by flare-ups and heightened geopolitical risks.
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Read More on CHRD:
- Chord Energy price target raised to $135 from $114 at Scotiabank
- Chord Energy price target raised to $189 from $150 at Siebert Williams
- Chord Energy price target raised to $140 from $130 at Roth Capital
- Chord Energy price target raised to $187 from $169 at Truist
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