UBS Maintains Neutral on CVR Energy, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Manav Gupta maintains a Neutral rating on CVR Energy (NYSE:CVI) but lowers the price target from $33.75 to $30.
August 13, 2024 | 2:38 pm
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UBS analyst Manav Gupta maintains a Neutral rating on CVR Energy but lowers the price target from $33.75 to $30.
The lowered price target from $33.75 to $30 by UBS suggests a less optimistic outlook for CVR Energy's stock performance. This could lead to a short-term negative impact on the stock price as investors adjust their expectations.
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