CNX Resources (CNX) Receives a Rating Update from a Top Analyst
Roth MKM analyst Leo Mariani maintained a Hold rating on CNX Resources today and set a price target of $35.00.
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Mariani covers the Energy sector, focusing on stocks such as Sable Offshore, Coterra Energy, and Conocophillips. According to TipRanks, Mariani has an average return of 30.6% and a 69.05% success rate on recommended stocks.
In addition to Roth MKM, CNX Resources also received a Hold from Siebert Williams Shank & Co’s Gabriele Sorbara in a report issued on February 13. However, on February 2, Piper Sandler reiterated a Sell rating on CNX Resources (NYSE: CNX).
Based on CNX Resources’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $655.18 million and a net profit of $196.25 million. In comparison, last year the company earned a revenue of $327.24 million and had a GAAP net loss of $144.62 million
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