Piper Sandler Sticks to Their Sell Rating for CNX Resources (CNX)
Piper Sandler analyst Mark Lear maintained a Sell rating on CNX Resources today and set a price target of $24.00.
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Lear covers the Energy sector, focusing on stocks such as EOG Resources, Prairie Operating Co, and Chord Energy. According to TipRanks, Lear has an average return of 5.1% and a 54.58% success rate on recommended stocks.
Currently, the analyst consensus on CNX Resources is a Moderate Sell with an average price target of $31.67.
Based on CNX Resources’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $583.84 million and a net profit of $202.1 million. In comparison, last year the company earned a revenue of $334.72 million and had a net profit of $65.54 million
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