B. Riley Securities Downgrades SunCoke Energy to Neutral, Lowers Price Target to $11
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities has downgraded SunCoke Energy (NYSE:SXC) from Buy to Neutral and lowered the price target from $12 to $11.
August 04, 2023 | 12:40 pm
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SunCoke Energy has been downgraded from Buy to Neutral by B. Riley Securities, with a lowered price target of $11.
The downgrade from Buy to Neutral by B. Riley Securities indicates a less optimistic outlook for SunCoke Energy. The lowered price target from $12 to $11 also suggests that the analyst sees less upside potential in the stock. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100