Chord Energy price target lowered to $161 from $168 at UBS

UBS analyst Josh Silverstein lowered the firm’s price target on Chord Energy (CHRD) to $161 from $168 and keeps a Buy rating on the shares. The firm sees “a mixed outlook for Energy in 2025,” noting on the positive side that it sees natural gas momentum building, but adding that crude oil prices face downward pressure and “attractive valuations may not be enough to bring in new investors.”