Chord Energy Corp (CHRD) PT Lowered to $123 at UBS

UBS analyst Josh Silverstein lowered the price target on Chord Energy Corp (NASDAQ: CHRD) to $123.00 (from $130.00) while maintaining a Buy rating.

The analyst commented, "We reiterate our Buy rating on CHRD after its 3Q25 earnings. Against oil price headwinds, we see CHRD executing its margin and FCF improvement strategy via the shift to 4-mile laterals and further Bakken consolidation. Looking to 2026, we see continued efficiency gains, wider adoption of the 4-mile laterals, and a potential Marcellus sale as catalysts for CHRD to narrow its valuation and performance gap vs peers."

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