There’s a lot to be optimistic about in the NA sector as 2 analysts just weighed in on MPLX (MPLX – Research Report) and Chord Energy (CHRD – Research Report) with bullish sentiments.
MPLX (MPLX)
In a report released yesterday, Michael Blum from Wells Fargo maintained a Buy rating on MPLX, with a price target of $44.00. The company’s shares closed last Thursday at $35.51.
According to TipRanks.com, Blum is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for MPLX with a $41.17 average price target, implying a 16.8% upside from current levels. In a report released yesterday, Goldman Sachs also reiterated a Buy rating on the stock.
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Chord Energy (CHRD)
In a report released yesterday, Paul Diamond CFA from Citi maintained a Buy rating on Chord Energy, with a price target of $185.00. The company’s shares closed last Thursday at $171.51, close to its 52-week high of $172.97.
According to TipRanks.com, CFA is a 4-star analyst with an average return of
Chord Energy has an analyst consensus of Strong Buy, with a price target consensus of $189.33, a 16.2% upside from current levels. In a report issued on October 23, Stifel Nicolaus also maintained a Buy rating on the stock with a $185.00 price target.
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