Mizuho Downgrades PBF Energy to Neutral, Announces $41 Price Target
Portfolio Pulse from richadhand@benzinga.com
Mizuho analyst Nitin Kumar downgrades PBF Energy (NYSE:PBF) from Buy to Neutral and announces a $41 price target.

May 19, 2023 | 9:38 am
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PBF Energy downgraded to Neutral by Mizuho analyst Nitin Kumar, with a $41 price target.
The downgrade from Buy to Neutral by Mizuho analyst Nitin Kumar indicates a less optimistic outlook for PBF Energy's stock performance in the short term. This could lead to a negative impact on the stock price as investors may adjust their positions based on the new rating and price target.
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IMPORTANCE 80
RELEVANCE 100