Johnson Rice Downgrades Denbury to Hold
Portfolio Pulse from richadhand@benzinga.com
Johnson Rice analyst Charles Meade has downgraded Denbury (NYSE:DEN) from Accumulate to Hold.
July 21, 2023 | 3:52 pm
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Denbury's stock has been downgraded from Accumulate to Hold by Johnson Rice analyst Charles Meade.
Analyst ratings often influence the market's perception of a stock. A downgrade from Accumulate to Hold suggests that the analyst sees less upside potential in the stock, which could lead to selling pressure and a potential decrease in the stock's price in the short term.
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