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Stock impact report

Analyst Raises Price Target on Chord Energy (CHRD) [Yahoo! Finance]

Chord Energy Corporation (CHRD) 
Company Research Source: Yahoo! Finance
With its premier acreage position in the Williston Basin, Chord Energy Corporation (NASDAQ:CHRD) engages in the exploration and production of crude oil, natural gas liquids, and natural gas. On December 12, Mizuho raised its price target on Chord Energy Corporation (NASDAQ:CHRD) from $142 to $150, representing a robust upside potential of over 65% from the current share price. The analyst firm also maintained its ‘Outperform' rating on the company's shares. The revised target comes as the analyst firm updated its rating and targets in the E&P space as part of its outlook for 2026. While the current oil oversupply and high gas storage have driven the overall sentiment around American oil and gas stocks to be negative, the analyst insists that there is still some ‘underappreciated value' in the group, particularly in E&P. Chord Energy Corporation (NASDAQ:CHRD) remains focused on improving its operational efficiency, targeting 4% volume growth with $100 million less capital in 202 Show less Read more
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