Northland Capital Markets Maintains Outperform on PHX Minerals, Lowers Price Target to $4.3
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets analyst Donovan Schafer maintains an Outperform rating on PHX Minerals (NYSE:PHX) but lowers the price target from $5 to $4.3.
March 15, 2024 | 5:16 pm
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Northland Capital Markets maintains an Outperform rating on PHX Minerals but lowers the price target from $5 to $4.3.
The adjustment in price target by Northland Capital Markets, while maintaining an Outperform rating, suggests a positive outlook on PHX Minerals but with a slightly reduced growth expectation. This could lead to mixed reactions in the short term, as investors weigh the positive rating against the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100