Citigroup Maintains Neutral on MDU Resources Gr, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Citigroup has maintained a Neutral rating on MDU Resources Gr (NYSE:MDU) and raised the price target from $21.27 to $23.

July 26, 2023 | 2:19 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on MDU Resources Gr and raised the price target from $21.27 to $23.
Citigroup's decision to maintain a Neutral rating on MDU Resources Gr indicates that they do not expect significant price movement in the short term. However, the increase in price target from $21.27 to $23 suggests a positive outlook for the company's stock in the longer term. This could potentially attract investors, but the impact on the stock's price in the short term is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100