Chord Energy price target lowered to $183 from $185 at Stifel

Stifel analyst Derrick Whitfield lowered the firm’s price target on Chord Energy to $183 from $185 and keeps a Buy rating on the shares following quarterly results and updated guidance. In the firm’s view, Chord Energy offers investors a company with scale, a management team focused on shareholder returns, and differentiated shareholder returns program, the analyst tells investors.