UPDATE: Credit Suisse Downgrades CVR Energy (CVI) to Underperform

October 27, 2021 4:07 PM EDT
Get Alerts CVI Hot Sheet
Price: $16.28 +2.33%

Rating Summary:
    1 Buy, 8 Hold, 4 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 25 | Down: 13 | New: 72
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(Updated - October 27, 2021 4:14 PM EDT)

(Updated to add analyst comment)

Credit Suisse analyst Manav Gupta downgraded CVR Energy (NYSE: CVI) from Neutral to Underperform with a price target of $20.00 (from $19.00).

Analyst comments: "Our rating downgrade is primarily driven by near-term macro headwinds prices and limited upside potential based on a sum-of-the-parts (SOTP) methodology."

For an analyst ratings summary and ratings history on CVR Energy click here. For more ratings news on CVR Energy click here.

Shares of CVR Energy closed at $21.16 yesterday.

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