CTRA

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Analyst upgrades → Barclays $37, Mizuho $43 PT; 52-week high reached on merger news

Coterra Energy reached 52-week high on March 16 following analyst upgrades with Barclays raising PT from $34 to $37 and Mizuho raising PT from $36 to $43, both signaling substantial upside. The company reported strong Q4 2025 and full-year results with $4.0B operating cash flow and $2.0B free cash flow, projecting $2.25B 2026 capex and $2.35B free cash flow. Merger with Devon Energy at fixed 0.70 exchange ratio announced, with dividend of $0.22 per share payable March 25.