Capital One Downgrades Denbury to Equal-Weight
Portfolio Pulse from richadhand@benzinga.com
Capital One analyst Brian Velie has downgraded Denbury (NYSE:DEN) from Overweight to Equal-Weight.
July 25, 2023 | 1:59 pm
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NEGATIVE IMPACT
Denbury's stock rating has been downgraded from Overweight to Equal-Weight by Capital One analyst Brian Velie.
Analyst ratings often influence the market's perception of a stock. A downgrade from Overweight to Equal-Weight suggests that the analyst believes the stock is less attractive compared to others. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100