Roth Capital lowered the firm’s price target on Coterra Energy (CTRA) to $34 from $35 and keeps a Buy rating on the shares post the Q1 report. The cut 2025 and 2026 earnings estimates to reflect lower oil prices and and higher costs. Coterra said that its acquisitions of Franklin Mountain and Avant are going very well, and that results of new wells have been at or above expectations, the analyst tells investors in a research note.
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