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Analysts Offer Insights on Energy Companies: DT Midstream (DTM) and CNX Resources (CNX)

Tipranks - Sat May 2, 3:08AM CDT

Analysts have been eager to weigh in on the Energy sector with new ratings on DT Midstream (DTM) and CNX Resources (CNX).

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DT Midstream (DTM)

Barclays analyst Theresa Chen maintained a Hold rating on DT Midstream today and set a price target of $143.00. The company’s shares closed last Thursday at $147.99.

According to TipRanks.com, Chen is a top 100 analyst with an average return of 18.8% and a 76.2% success rate. Chen covers the NA sector, focusing on stocks such as Excelerate Energy, Inc. Class A, LandBridge Company LLC Class A, and Enterprise Products Partners. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for DT Midstream with a $148.25 average price target, a 5.8% upside from current levels. In a report issued on April 22, Morgan Stanley also upgraded the stock to Hold with a $165.00 price target.

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CNX Resources (CNX)

Barclays analyst Betty Jiang maintained a Sell rating on CNX Resources today and set a price target of $36.00. The company’s shares closed last Thursday at $38.91, close to its 52-week high of $41.93.

According to TipRanks.com, Jiang is a 4-star analyst with an average return of 6.8% and a 53.9% success rate. Jiang covers the NA sector, focusing on stocks such as California Resources Corp, Occidental Petroleum, and Antero Resources. ;'>

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for CNX Resources with a $36.67 average price target, which is a -3.7% downside from current levels. In a report issued on April 27, Bank of America Securities also maintained a Sell rating on the stock with a $34.00 price target.

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