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Analysts’ Opinions Are Mixed on These Energy Stocks: Liberty Oilfield Services (LBRT) and CNX Resources (CNX)

Tipranks - Fri Jan 30, 8:00AM CST

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Liberty Oilfield Services (LBRTResearch Report) and CNX Resources (CNXResearch Report).

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Liberty Oilfield Services (LBRT)

In a report released today, Stephen Gengaro from Stifel Nicolaus maintained a Buy rating on Liberty Oilfield Services, with a price target of $23.00. The company’s shares closed last Wednesday at $21.80.

According to TipRanks.com, Gengaro is a 5-star analyst with an average return of 18.6% and a 51.9% success rate. Gengaro covers the NA sector, focusing on stocks such as Solaris Energy Infrastructure, Oil States International, and Atlas Energy Solutions. ;'>

Currently, the analyst consensus on Liberty Oilfield Services is a Moderate Buy with an average price target of $20.70, which is a -7.0% downside from current levels. In a report issued on January 21, Morgan Stanley also maintained a Buy rating on the stock with a $23.00 price target.

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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. The company’s shares closed last Wednesday at $36.73.

According to TipRanks.com, Sorbara is a 5-star analyst with an average return of 15.9% and a 52.7% success rate. Sorbara covers the NA sector, focusing on stocks such as Infinity Natural Resources, Inc. Class A, Crescent Energy Company Class A, and Magnolia Oil & Gas. ;'>

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for CNX Resources with a $35.10 average price target, representing a -3.9% downside. In a report issued on January 21, Scotiabank also maintained a Hold rating on the stock with a $44.00 price target.

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