Piper Sandler Maintains Neutral on PBF Energy, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Ryan Todd maintains a Neutral rating on PBF Energy (NYSE:PBF) but lowers the price target from $54 to $47.
June 14, 2024 | 1:19 pm
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Piper Sandler analyst Ryan Todd maintains a Neutral rating on PBF Energy but lowers the price target from $54 to $47.
The lowered price target from $54 to $47 suggests a less optimistic outlook for PBF Energy, which could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100