Piper Sandler Maintains Neutral on CNX Resources, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Kashy Harrison maintains a Neutral rating on CNX Resources (NYSE:CNX) and raises the price target from $16 to $19.
August 14, 2023 | 2:14 pm
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Piper Sandler has maintained a Neutral rating on CNX Resources and raised the price target from $16 to $19.
The news is directly about CNX Resources. Piper Sandler's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $16 to $19 suggests a positive long-term outlook. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100