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UBS lowered the firm’s price target on Coterra Energy (CTRA) to $33 from $37 and keeps a Buy rating on the shares. The firm sees Energy viewed as a recession downside play, the analyst tells investors in a research note. UBS lowered its price target reflecting increased uncertainty around economic activity and commodity prices.

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• Coterra Energy price target lowered to $33 from $37 at UBS

• Coterra Energy price target raised to $35 from $33 at Stephens

• Coterra Energy price target lowered to $30 from $32 at Morgan Stanley

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