Mizuho raised the firm’s price target on CVR Energy (CVI) to $21 from $20 and keeps a Neutral rating on the shares. The firm expects the company to report an EBITDA and earnings miss in Q1 versus consensus, driven by weaker results in refining due to the impact of the turnaround at Coffeyville that resulted in lower volumes and margin capture, with fertilizer slightly weaker on lower volumes.
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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CVI: