Mizuho Maintains Neutral on PBF Energy, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Neutral rating on PBF Energy (NYSE:PBF) and lowers the price target from $58 to $54.
June 20, 2024 | 2:25 pm
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NEGATIVE IMPACT
Mizuho analyst Nitin Kumar maintains a Neutral rating on PBF Energy and lowers the price target from $58 to $54.
The lowered price target from $58 to $54 suggests a less optimistic outlook for PBF Energy's stock performance. This could lead to a short-term negative impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100