Scotiabank Maintains Sector Underperform on CNX Resources, Raises Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Cameron Bean maintains a Sector Underperform rating on CNX Resources, but raises the price target from $25 to $27.
August 20, 2024 | 1:05 pm
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Scotiabank's analyst Cameron Bean maintains a Sector Underperform rating on CNX Resources, indicating a cautious outlook. However, the price target is raised from $25 to $27, suggesting some positive expectations.
The Sector Underperform rating suggests a negative outlook, but the raised price target indicates some positive expectations. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100