Piper Sandler Downgrades CNX Resources to Underweight, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has downgraded CNX Resources from Neutral to Underweight and lowered the price target from $22 to $20.
August 15, 2024 | 9:37 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Piper Sandler has downgraded CNX Resources from Neutral to Underweight and lowered the price target from $22 to $20.
The downgrade from Neutral to Underweight and the reduction in the price target from $22 to $20 by Piper Sandler is likely to negatively impact CNX Resources' stock price in the short term. Downgrades typically signal a lack of confidence in the stock's near-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100