Truist Securities Maintains Hold on CNX Resources, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Bertrand Hodee maintains a 'Hold' rating on CNX Resources (NYSE:CNX) and raises the price target from $17 to $19.
July 28, 2023 | 2:10 pm
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NEUTRAL IMPACT
Truist Securities maintains a 'Hold' rating on CNX Resources and raises the price target from $17 to $19.
The news is directly about CNX Resources. The 'Hold' rating suggests that the stock is expected to perform in line with the market or sector in the next 12 months. The increase in price target from $17 to $19 indicates that the analyst sees potential for the stock's price to increase, which could be positive for the stock. However, as it's a 'Hold' rating, the impact is neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100