Coterra Energy price target raised to $32 from $31 at Susquehanna

Susquehanna analyst Charles Minervino raised the firm’s price target on Coterra Energy (CTRA) to $32 from $31 and keeps a Positive rating on the shares. The firm, which is updating estimates and price targets before Q3 earnings for its E&P coverage, is lowering its Q4 WTI price assumption to $62.50 per barrel, while maintaining its 2026 assumption at $65 per barrel.