UBS analyst Josh Silverstein lowered the firm’s price target on Coterra Energy (CTRA) to $33 from $37 and keeps a Buy rating on the shares. The firm sees Energy viewed as a recession downside play, the analyst tells investors in a research note. UBS lowered its price target reflecting increased uncertainty around economic activity and commodity prices.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CTRA:
- Coterra Energy price target raised to $35 from $33 at Stephens
- Coterra Energy price target lowered to $30 from $32 at Morgan Stanley
- Coterra Energy exec Sirgo sells 90,000 common shares
- Early notable gainers among liquid option names on March 18th
- Coterra Energy price target raised to $38 from $37 at Barclays