Northland Capital Markets Maintains Outperform on Vertex Energy, Lowers Price Target to $9.5
Portfolio Pulse from jenniferd'souza@benzinga.com
Northland Capital Markets has maintained an Outperform rating on Vertex Energy (NASDAQ:VTNR) but lowered the price target from $15 to $9.5.
August 10, 2023 | 1:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Vertex Energy's price target has been lowered from $15 to $9.5 by Northland Capital Markets, though the Outperform rating is maintained.
The lowering of the price target by Northland Capital Markets could negatively impact Vertex Energy's stock price in the short term as it indicates a lower expected future value. However, the maintained Outperform rating suggests that the company is still expected to perform well relative to its peers.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100