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Strategies & Market Trends : Natural Resource Stocks

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From: Julius Wong	8/17/2023 10:23:05 AM
	2 Recommendations Recommended By isopatch Winfastorlose of 108712

Chesapeake Energy Corp. (NASDAQ: CHK): J.P. Morgan reduced its Overweight rating to Neutral and its $97 target price to $96. The consensus target is up at $106.28. The shares closed on Wednesday at $82.58. Gulfport Energy Corp. (NYSE: GPOR): As J.P. Morgan upgraded the stock to Overweight from Neutral, its $117 target price increased to $131. The consensus target is $134.67. The shares closed on Wednesday at $111.30. Matador Resources Co. (NYSE: MTDR): When Mizuho upgraded the stock to Buy from Neutral, the analyst raised the target price to $78 from $66. The consensus target is $69.33. Wednesday’s close was at $58.78. Permian Resources Corp. (NYSE: PR): Mizuho upgraded the stock to Buy from Neutral and raised its $13 target price to $16. The consensus target is $13.93. Wednesday’s close was at $12.23. Pioneer Natural Resources Co. (NYSE: PXD): J.P. Morgan’s upgrade was to Overweight from Neutral, and its $251 target price popped to $264. The consensus target is $252.89. The stock closed on Wednesday at $234.15.

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