Mizuho Maintains Neutral on CNX Resources, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Neutral rating on CNX Resources (NYSE:CNX) and raises the price target from $25 to $29.

May 13, 2024 | 3:35 pm
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Mizuho analyst Nitin Kumar has maintained a Neutral rating on CNX Resources, but increased the price target from $25 to $29.
The increase in price target by Mizuho suggests a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, which might temper the impact of the price target increase.
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IMPORTANCE 75
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