Texas Capital downgraded PHX Minerals (PHX) to Hold from Buy with a $4.35 price target after the company entered into a definitive agreement under which WhiteHawk will acquire PHX in an all-cash transaction for $4.35 per share.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PHX:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue