Mizuho Maintains Neutral on PBF Energy, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar has maintained a Neutral rating on PBF Energy while lowering the price target from $48 to $42.
September 16, 2024 | 1:40 pm
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NEGATIVE IMPACT
Mizuho analyst Nitin Kumar has maintained a Neutral rating on PBF Energy and reduced the price target from $48 to $42, indicating a less optimistic outlook.
The lowering of the price target from $48 to $42 by Mizuho suggests a less optimistic view on PBF Energy's future performance, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100