UBS Maintains Neutral on PBF Energy, Lowers Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Manav Gupta maintains a Neutral rating on PBF Energy (NYSE:PBF) but lowers the price target from $57 to $44.
August 13, 2024 | 2:54 pm
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UBS analyst Manav Gupta maintains a Neutral rating on PBF Energy but lowers the price target from $57 to $44.
The lowered price target from $57 to $44 by UBS suggests a less optimistic outlook for PBF Energy, which could negatively impact investor sentiment and short-term stock price.
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IMPORTANCE 80
RELEVANCE 100