Oppenheimer Downgrades Vertex Energy to Perform, Announces $10 Price Target
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Noah Kaye has downgraded Vertex Energy (NASDAQ:VTNR) from Outperform to Perform and set a price target of $10.
July 26, 2023 | 8:36 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Vertex Energy's rating has been downgraded by Oppenheimer from Outperform to Perform, with a new price target of $10.
The downgrade from Outperform to Perform by Oppenheimer indicates a less optimistic outlook for Vertex Energy. This could potentially lead to a decrease in the stock's price in the short term. The new price target of $10 also provides a benchmark for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100