Bank of America reaffirms "buy" rating for Chord Energy (NASDAQ:CHRD) with a $201.00 price target, indicating a 23.75% potential upside.
Bank of America has reaffirmed a "buy" rating for Chord Energy (NASDAQ:CHRD) with a $201.00 price target, suggesting a potential upside of 23.75% from the stock's previous close. Chord Energy saw a significant increase in short interest in May, with short interest reaching 5,770,000 shares, a 31.7% increase from May 15th's total. Approximately 14.1% of the company's stock is currently short sold.
June 15, 2024
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