BMO Capital Maintains Market Perform on CNX Resources, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Phillip Jungwirth maintains a Market Perform rating on CNX Resources and raises the price target from $26 to $29.
October 04, 2024 | 5:37 pm
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BMO Capital has maintained its Market Perform rating on CNX Resources while increasing the price target from $26 to $29, indicating a positive outlook.
The increase in the price target from $26 to $29 by BMO Capital suggests a positive outlook for CNX Resources, which could lead to a short-term increase in stock price. The Market Perform rating indicates a neutral stance, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100