Truist Securities Maintains Hold on CNX Resources, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Bertrand Hodee has maintained a 'Hold' rating on CNX Resources (NYSE:CNX) and raised the price target from $19 to $21.
September 11, 2023 | 2:05 pm
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NEUTRAL IMPACT
CNX Resources' price target has been raised from $19 to $21 by Truist Securities, while maintaining a 'Hold' rating.
The news is directly related to CNX Resources. The raised price target indicates a positive outlook for the company, but the 'Hold' rating suggests that the stock is expected to perform in line with the market or sector in the short term. Therefore, the short term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100