Capital One Downgrades CNX Resources to Equal-Weight, Announces $25 Price Target
Portfolio Pulse from Benzinga Newsdesk
Capital One analyst Brian Velie has downgraded CNX Resources from Overweight to Equal-Weight, setting a price target of $25.
October 14, 2024 | 4:18 pm
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Capital One analyst Brian Velie downgraded CNX Resources from Overweight to Equal-Weight, with a new price target of $25.
The downgrade from Overweight to Equal-Weight by Capital One suggests a less bullish outlook on CNX Resources, which could lead to a negative short-term impact on the stock price. The new price target of $25 may also influence investor sentiment.
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