CVR Energy (CVI) Gets a Sell from Mizuho Securities
In a report released on December 12, Nitin Kumar CFA from Mizuho Securities maintained a Sell rating on CVR Energy, with a price target of $28.00. The company’s shares closed last Friday at $31.20.
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According to TipRanks, Kumar CFA is a 4-star analyst with an average return of 4.5% and a 59.84% success rate. Kumar CFA covers the Energy sector, focusing on stocks such as Chevron, EQT, and CVR Energy.
Currently, the analyst consensus on CVR Energy is a Strong Sell with an average price target of $27.40.
Based on CVR Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.94 billion and a net profit of $374 million. In comparison, last year the company earned a revenue of $1.83 billion and had a GAAP net loss of $124 million
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