tiprankstipranks
Trending News
More News >

Coterra shares to underperform on Roemer sale, says Roth MKM

Roth MKM analyst Leo Mariani expects shares of Coterra Energy (CTRA) to have a slight negative reaction versus peers today after the company’s retiring Chief Accounting Officer Todd Roemer filed to sell 48,000 shares worth $1.33M. Roth keeps a Buy rating on the stock with a $33 price target citing Coterra’s much higher natural gas exposure, its “discounted valuation,” and strong balance sheet

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue