Chord Energy Corp (CHRD) PT Raised to $231 at Piper Sandler
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Price: $137.32 +2.13%
Rating Summary:
12 Buy, 5 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
12 Buy, 5 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Piper Sandler analyst Mark Lear raised the price target on Chord Energy Corp (NASDAQ: CHRD) to $231.00 (from $230.00) while maintaining a Overweight rating.
The analyst commented, "Our $231 price target for CHRD (Overweight) is based on a 35-year DCF discounted at 15%, in addition to YE23 asset values. Risks: Weaker oil prices, potential shut-down of DAPL may negatively impact oil price differentials."
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