Piper Sandler analyst Mark Lear raised the firm’s price target on Coterra Energy (CTRA) to $41 from $36 and keeps an Overweight rating on the shares. The firm says the rotation trade got a shot in the arm this week as war with Iran put 20% of global oil, product and gas supply at risk. While war has overshadowed Q4 results and FY26 outlooks, Piper anticipates little change from U.S. operators in the wake of the conflict.
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Read More on CTRA:
- Coterra Energy price target raised to $38 from $33 at UBS
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