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Coterra Energy initiated with an Overweight at Stephens
The Fly

Coterra Energy initiated with an Overweight at Stephens

Stephens analyst Mike Scialla initiated coverage of Coterra Energy with an Overweight rating and $32 price target. The firm also names the stock its "best idea" in the group. The analyst cites the company’s best-in-class free cash flow per unit and best-in-class drilling inventory profile, along with its "fortress" balance sheet and exposure to potential Natural Gas price rebound.

Published first on TheFly

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