CNX Surpasses Analyst Expectations with Strong Performance

Avatar photo

“`html

Shares of CNX Resources Corp (Symbol: CNX) exceeded the average analyst 12-month target price of $26.25, trading at $26.30 per share. This market movement prompts analysts to consider either downgrading their valuation or adjusting their target prices in response to the company’s recent performance.

Among the 8 analysts covering CNX, target prices vary, with one analyst predicting a price as low as $22.00, while another forecasts a high of $30.00. The standard deviation among these targets is $2.815, highlighting diverse expectations within the analyst community.

Currently, CNX has 2 strong buy ratings, 5 hold ratings, and 2 strong sell ratings, resulting in an average rating of 3.0, where 1 is Strong Buy and 5 is Strong Sell. The consistency in these ratings over the past three months indicates a stable outlook among analysts.

“`

The free Daily Market Overview 250k traders and investors are reading

Read Now