BofA analyst Noah Hungness reinstated coverage of CNX Resources (CNX) with an Underperform rating and $34 price target CNX is the top performing E&P stock in 2024 and news regarding its coal mine methane, or CMM, business has been “appropriately priced in,” says the analyst, who sees better risk reward elsewhere in the space.
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CNX Resources reinstated with an Underperform at BofA
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