Mizuho Maintains Underperform on CNX Resources, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains an 'Underperform' rating on CNX Resources (NYSE:CNX) and raises the price target from $18 to $22.
August 16, 2023 | 11:14 am
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Mizuho maintains an 'Underperform' rating on CNX Resources and raises the price target from $18 to $22.
The 'Underperform' rating maintained by Mizuho suggests that the analyst expects CNX Resources' stock to do worse than the market average. However, the raised price target from $18 to $22 indicates a positive outlook on the stock's value, which could create a mixed sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100