Goldman Sachs Remains a Sell on CVR Energy (CVI)
In a report released today, Carly Davenport from Goldman Sachs maintained a Sell rating on CVR Energy, with a price target of $25.00. The company’s shares closed yesterday at $34.75.
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According to TipRanks, Davenport is a 4-star analyst with an average return of 8.6% and a 78.57% success rate. Davenport covers the Utilities sector, focusing on stocks such as Duke Energy, NextEra Energy, and Xcel Energy.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for CVR Energy with a $28.67 average price target, a -17.50% downside from current levels. In a report released on October 9, Scotiabank also maintained a Sell rating on the stock with a $26.00 price target.
The company has a one-year high of $38.30 and a one-year low of $15.10. Currently, CVR Energy has an average volume of 1.85M.
Read More on CVI:
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- CVR Energy price target raised to $25 from $19 at Goldman Sachs
- CVR Energy price target raised to $26 from $25 at Scotiabank
- CVR Energy price target raised to $35 from $27 at UBS
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- CVR Energy downgraded to Underperform from Neutral at Mizuho
