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Chord Energy price target lowered to $180 from $185 at Wells Fargo

Wells Fargo lowered the firm’s price target on Chord Energy to $180 from $185 and keeps an Overweight rating on the shares. The firm says 2025 soft guidance, updates on business integration/synergy capture, well productivity of the “3rd mile,” and the evolution of cash return mechanics likely the focal points this quarter.

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