Raymond James Keeps Outperform Rating on Coterra Energy (CTRA), Cuts PT to $34

Coterra Energy Inc. (NYSE:CTRA) is one of the best dividend stocks to buy. On September 11, Raymond James maintained an Outperform rating on Coterra but trimmed the price target from $38 to $34. The company has an uninterrupted 36-year track record of dividend payments. In its 2025 guidance, Coterra sees capital spending rising around 7% to $2.3 billion and production climbing about 3% to 768 Mboe/d. Raymond James projects slightly higher figures, with output at 770.3 Mboe/d and capex at $2.31 billion. R ...