Price Target changes by Mizuho Securities - Sept 18

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Price Target changes by Mizuho Securities - Sept 18

Post by dan_s »

This morning Nitin Kumar, CFA at Mizuho Securities adjusted his price targets as follows:
He is rated 5 Star by TipRanks

AR -$1 to $38
CPE +$4 to $63
CRK -$1 to $14
EOG +$2 to $157
EQT -$5 to $47
ESTE +$1 to $23 < Merging into PR soon, so ESTE's stock price should move in lock step to PR at 1.446/1. My valuation of PR is $21.
FANG +$6 to $197
MTDR +$2 to $80
OVV +$2 to $63
RRC +$1 to $39 < The only gasser that he increase.
SM +$2 to $50

Obviously, Mizuho is lowering their natural gas price forecast and raising their oil price forecast.
Dan Steffens
Energy Prospectus Group
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