B of A Securities Upgrades CNX Resources to Neutral
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Doug Leggate has upgraded CNX Resources (NYSE:CNX) from Underperform to Neutral. This change in rating may influence the company's stock performance in the short term.
January 05, 2024 | 1:36 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
CNX Resources has been upgraded by B of A Securities from Underperform to Neutral, potentially affecting investor sentiment and the stock's market performance.
Upgrades by analysts can lead to positive investor sentiment and can often result in a short-term increase in stock price as the market adjusts to the new rating. The upgrade from Underperform to Neutral suggests a more favorable outlook for CNX Resources, which may lead to increased investor interest and potentially a rise in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100