- Analyst John Freeman is still bullish on the name, but he now rates it just Outperform instead of Strong Buy. He also cuts his estimate of net asset value $27 fro $32. Today's decline has the stock at just under $24.
- Among his reasons is Cabot's (COG -2.2%) recent outperformance and the idea of less NAV upside given lower natural gas price assumptions.
Cabot Oil & Gas -2.2% after Raymond James downgrade
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Symbol | Last Price | % Chg |
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CTRA | - | - |
Coterra Energy Inc. |