JPMorgan Downgrades CNX Midstream (CNXM) to Neutral

February 5, 2019 1:27 AM EST
Get Alerts CNXM Hot Sheet
Price: $9.16 --0%

Rating Summary:
    2 Buy, 4 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 18 | Down: 25 | New: 11
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JPMorgan analyst Jeremy Tonet downgraded CNX Midstream (NYSE: CNXM) from Overweight to Neutral with a price target of $20.00 (from $24.00).

The analyst steps aside following the guidance update noting IDR headwinds are one the horizon which could deter investor interest.

For an analyst ratings summary and ratings history on CNX Midstream click here. For more ratings news on CNX Midstream click here.

Shares of CNX Midstream closed at $16.00 yesterday.

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