Mizuho Maintains Underperform on CNX Resources, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains an Underperform rating on CNX Resources (NYSE:CNX) and raises the price target from $16 to $17.
May 19, 2023 | 11:00 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Mizuho analyst Nitin Kumar maintains an Underperform rating on CNX Resources and raises the price target from $16 to $17.
The news directly mentions CNX Resources and the analyst's decision to maintain an Underperform rating, which indicates a negative outlook for the stock. The price target increase from $16 to $17 may provide some support, but the overall sentiment remains negative, which is likely to result in a short-term downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100