CNX Resources Corporation Shares Soar 4.34% After Mizuho Target Price Hike

CNX Resources Corporation (CNX) shares surged 4.34% today, marking a significant rebound after hitting its lowest level since February 2025, with an intraday decline of 1.60%.

Mizuho Securities has revised its target price for CNX Resources, increasing it from $34.00 to $35.00 while maintaining an "underperform" rating. This adjustment suggests that despite the underperform rating, there is an expectation of future price appreciation, which could influence investor sentiment and drive the stock price higher.

CNX Resources has been identified as one of the top undervalued stocks in the United States based on cash flows. With a current price of $28.93 and an estimated fair value of $57.37, the stock presents a substantial potential upside. This valuation discrepancy could attract investors looking for undervalued opportunities, potentially boosting the stock price in the near future.