Cabot Oil & Gas price target raised to $76 from $56 at Jefferies Jefferies raised its price target for Cabot Oil & Gas citing a higher Marcellus reserve growth forecast and keeps a Buy rating on the stock. However, the firm added that some profit taking in shares is likely near-term.
News For COG From The Last 14 Days
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Cabot Oil & Gas negative reaction is short-sighted, says RW Baird Baird said the negative reaction to Cabot oil & Gas shares following Q4 earnings is short-sighted calling it one of the highest quality E&P names. The firm sees support from company buybacks, and increase in reserves, and continued increase in long-term value creation. Shares are Outperform rated and price target raised to $52 from $48.