Beyond The Numbers: 7 Analysts Discuss PBF Energy Stock
Portfolio Pulse from Benzinga Insights
Over the past three months, seven analysts have evaluated PBF Energy (NYSE:PBF), with a range of opinions from bullish to bearish. Recent ratings show a shift towards more neutral stances, with an average 12-month price target of $52.71, down from $58.71. Analysts have lowered their price targets, reflecting changing market dynamics and company performance.
July 18, 2024 | 8:00 pm
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NEGATIVE IMPACT
Analysts have recently lowered their price targets for PBF Energy, reflecting a more neutral stance on the stock. The average 12-month price target is now $52.71, down from $58.71, indicating a cautious outlook.
The lowering of price targets by multiple analysts suggests a cautious outlook on PBF Energy's future performance. This could lead to short-term downward pressure on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100