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Barings LLC Buys Shares of 85,328 Coterra Energy Inc. $CTRA
Barings LLC has acquired 85,328 shares of Coterra Energy Inc. (NYSE:CTRA) for approximately $2.02 million, establishing a new position in the company during the third quarter. Other major institutional investors like Vanguard Group Inc., State Street Corp, Charles Schwab Investment Management Inc., Geode Capital Management LLC, and Schroder Investment Management Group have also increased their holdings in Coterra Energy. Analysts currently rate Coterra Energy with a consensus “Moderate Buy” rating and an average target price of $33.48, with several firms recently issuing “buy” ratings or raising price targets.