Susquehanna Forecasts Strong Price Appreciation for Coterra Energy (NYSE:CTRA) Stock

Susquehanna has increased its price target for Coterra Energy (NYSE:CTRA) from $34 to $40, maintaining a “positive” rating and suggesting a potential 27.6% upside. Other analysts like Mizuho and Morgan Stanley have also raised their targets, leading to a “Moderate Buy” consensus and an average price target of $37.09. Coterra Energy, an independent oil and natural gas exploration and production company, currently trades around $31.34 with a P/E of 13.8, and institutional investors hold nearly 88% of its stock.

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