Companies in the Energy sector have received a lot of coverage today as analysts weigh in on DT Midstream (DTM – Research Report) and Coterra Energy (CTRA – Research Report).
DT Midstream (DTM)
In a report released yesterday, Michael Blum from Wells Fargo maintained a Hold rating on DT Midstream, with a price target of $60.00. The company’s shares closed last Thursday at $56.85, close to its 52-week high of $58.30.
According to TipRanks.com, Blum is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for DT Midstream with a $59.60 average price target, a 5.3% upside from current levels. In a report issued on February 19, Wolfe Research also upgraded the stock to Hold.
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Coterra Energy (CTRA)
Wells Fargo analyst Roger Read maintained a Buy rating on Coterra Energy yesterday and set a price target of $30.00. The company’s shares closed last Thursday at $26.33.
According to TipRanks.com, Read is a 5-star analyst with an average return of
Currently, the analyst consensus on Coterra Energy is a Strong Buy with an average price target of $32.42, implying a 25.6% upside from current levels. In a report issued on February 11, TD Cowen also maintained a Buy rating on the stock with a $36.00 price target.
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Read More on DTM:
- DT Midstream upgraded to Peer Perform from Underperform at Wolfe Research
- DT Midstream increases quarterly dividend 7% to 73.5c per share
- DT Midstream Reports Strong Fourth Quarter 2023 Results; Raises Dividend and 2024 Adjusted EBITDA Guidance
- DT Midstream raises 2024 adjusted EBITDA view $930M-$980M
- DT Midstream reports Q4 operating EPS $1.24, consensus 92c
