JP Morgan Maintains Neutral on CNX Resources, Lowers Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Zach Parham maintains a Neutral rating on CNX Resources and lowers the price target from $32 to $31.
October 30, 2024 | 4:47 pm
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NEGATIVE IMPACT
JP Morgan has maintained its Neutral rating on CNX Resources but has lowered the price target from $32 to $31, indicating a slightly less optimistic outlook.
The lowering of the price target by JP Morgan suggests a slightly less optimistic view on CNX Resources' future performance, which could lead to a minor negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100