Goldman Sachs Maintains Sell on CVR Energy, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Neil Mehta maintains a 'Sell' rating on CVR Energy (NYSE:CVI) and raises the price target from $28 to $31.
September 05, 2023 | 1:29 pm
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NEGATIVE IMPACT
Goldman Sachs maintains a 'Sell' rating on CVR Energy and raises the price target to $31.
The 'Sell' rating maintained by Goldman Sachs indicates a negative outlook for CVR Energy. However, the increase in price target from $28 to $31 suggests that the analyst sees some upside potential, albeit not enough to change the overall negative rating. This could lead to short-term downward pressure on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100