Siebert Williams Shank & Co Sticks to Their Hold Rating for CNX Resources (CNX)
Siebert Williams Shank & Co analyst Gabriele Sorbara maintained a Hold rating on CNX Resources today and set a price target of $38.00.
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According to TipRanks, Sorbara is a 5-star analyst with an average return of 15.9% and a 52.67% success rate. Sorbara covers the Energy sector, focusing on stocks such as Coterra Energy, Devon Energy, and Infinity Natural Resources, Inc. Class A.
In addition to Siebert Williams Shank & Co, CNX Resources also received a Hold from Scotiabank’s Cameron Bean in a report issued on January 21. However, on January 23, Morgan Stanley maintained a Sell rating on CNX Resources (NYSE: CNX).
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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- CNX Resources price target raised to $32 from $31 at Morgan Stanley
- CNX Resources price target raised to $44 from $40 at Scotiabank
- CNX Resources downgraded to Underweight from Equal Weight at Barclays
- CNX Resources Approves New Executive Leadership Compensation Packages
- CNX Resources Completes Convertible Notes Exchange
