Piper Sandler Maintains Overweight on PBF Energy, Lowers Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Ryan Todd maintains an Overweight rating on PBF Energy (NYSE:PBF) but lowers the price target from $74 to $61.
May 18, 2023 | 12:52 pm
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Piper Sandler maintains an Overweight rating on PBF Energy, but lowers the price target from $74 to $61.
The news directly mentions PBF Energy and the lowered price target by Piper Sandler. While the Overweight rating is maintained, the reduced price target may cause mixed reactions among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100