Analysts Offer Insights on Energy Companies: CNX Resources (CNX) and Phillips 66 (PSX)
Analysts fell to the sidelines weighing in on CNX Resources (CNX – Research Report) and Phillips 66 (PSX – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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CNX Resources (CNX)
In a report released today, Leo Mariani from Roth MKM maintained a Hold rating on CNX Resources, with a price target of $30.00. The company’s shares closed last Monday at $38.60.
According to TipRanks.com, Mariani is a top 100 analyst with an average return of
Currently, the analyst consensus on CNX Resources is a Moderate Sell with an average price target of $33.90, implying a -11.0% downside from current levels. In a report issued on December 8, J.P. Morgan also upgraded the stock to Hold with a price target.
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Phillips 66 (PSX)
Piper Sandler analyst Ryan Todd maintained a Hold rating on Phillips 66 today and set a price target of $171.00. The company’s shares closed last Monday at $141.51.
According to TipRanks.com, Todd is a 5-star analyst with an average return of
Currently, the analyst consensus on Phillips 66 is a Moderate Buy with an average price target of $147.38, which is a 4.3% upside from current levels. In a report issued on December 5, Barclays also maintained a Hold rating on the stock with a $141.00 price target.
