Citigroup Initiates Coverage On NuStar Energy with Neutral Rating, Announces Price Target of $17
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Douglas Irwin has initiated coverage on NuStar Energy with a Neutral rating and a price target of $17.
October 06, 2023 | 2:46 pm
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Citigroup has initiated coverage on NuStar Energy with a Neutral rating and a price target of $17.
The initiation of coverage by Citigroup, a major financial institution, is a significant event for NuStar Energy. The Neutral rating suggests that Citigroup believes the stock is fairly valued at its current price. The price target of $17 provides a benchmark for investors, but does not necessarily suggest a strong upward or downward movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100