Coterra Energy (CTRA) Valuation Update - Feb 1

[dan_s]

My valuation of CTRA has been increased by $2 to $36/share.

CTRA closed at $27.72 on January 31.

TipRanks: "In the last 3 months, 18 ranked analysts set 12-month price targets for CTRA. The average price target among the analysts is $34.67." < The 18 price targets range from $31 to $41 per share.

Three of the analysts covering CTRA have increased their price targets since the January 28th press release.
Here are their current price targets.
$36 by Barclays
$34 by Piper Sandler
$32 by Citi
I do expect more upgrades this coming week.

My updated forecast/valuation model will be posted to the EPG website this afternoon.