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Stock impact report

Mizuho Raises Chord Energy (CHRD) Price Target by $14 [Yahoo! Finance]

Chord Energy Corporation (CHRD) 
Company Research Source: Yahoo! Finance
Mizuho Raises Chord Energy (CHRD) Price Target by $14 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. Chord Energy Corporation (NASDAQ:CHRD) received a boost on March 17 when Mizuho raised its price target on the stock from $148 to $162, while keeping an ‘Outperform' rating on the shares. The increased target reflects an upside potential of around 27% from the current share price. The move comes after Mizuho bumped its 2026 oil price outlook by 14% to $73.25 per barrel as the US-Iran war entered its third week. Tehran's forced closure of the Strait of Hormuz has effectively choked around a fifth of the global crude oil supply, driving up prices. While it is still too early to determine whether the war will increase the structural price of global oil, the analyst believes that the bias is likely higher. Chord Energy Corporation (NASDAQ: Show less Read more
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