Scotiabank analyst Cameron Bean raised the firm’s price target on CNX Resources (CNX) to $36 from $35 and keeps a Sector Perform rating on the shares. The firm is updating its price targets for North American Natural Gas stocks under its coverage, the analyst tells investors. Despite the summer sell-off, the firm remains “enthusiastic” about the sector’s outlook and believes the bull market is here.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CNX:
- CNX Resources price target lowered to $32 from $33 at Barclays
- CNX Resources price target lowered to $62 from $75 at Baird
- CNX Resources CEO to retire, Alan Shepard to succeed
- CNX Resources upgraded to Neutral from Underperform at Mizuho
- CNX Resources price target lowered to $27 from $32 at Roth Capital