Coterra Energy downgraded to Neutral from Buy at Roth Capital

1 month ago 16

TipRanks

Wed, February 4, 2026 astatine 7:40 AM CST 1 min read

Roth Capital downgraded Coterra Energy (CTRA) to Neutral from Buy with a terms people of $28, down from $30. The steadfast believes that the institution volition not spot a higher connection than that of Devon Energy (DVN) oregon a competing bidder astatine this clip contempt the “modestly disappointing” takeout price, the expert tells investors successful a probe note. It would instrumentality a larger institution to bargain Coterra fixed its $25 cardinal endeavor value, and companies with Delaware Basin adjacency similar ConocoPhilips (COP), Chevron (CVX), and EOG Resources (EOG) are not apt to beryllium funny successful a competitory bidding situation, the steadfast added.

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