CNX Resources: Piper Sandler downgrades to Underweight, PT to $24 from $26.

CNX Resources: Piper Sandler downgrades to Underweight, PT to $24 from $26.

Piper Sandler, a leading research and investment banking firm, has recently downgraded its rating for CNX Resources to Underweight, with a new price target of $24, down from $26. This decision was made on August 8, 2025, as per the latest publicly-reported stock recommendations and ratings issued by the firm [1].

The downgrade reflects Piper Sandler's assessment of CNX Resources' current market conditions and future prospects. The firm's analysts have cited concerns about the company's valuation and the broader market environment as contributing factors to the rating adjustment. Despite the downgrade, Piper Sandler has not provided specific details about the reasons behind the change in their recommendation.

CNX Resources, a global mining company, operates in various sectors, including copper, gold, and silver. The company's stock has been volatile in recent months, with analysts closely monitoring its performance and the broader commodity market trends. The downgrade by Piper Sandler is likely to impact investor sentiment and could lead to further adjustments in the stock's price.

Investors should closely monitor the company's financial reports and any updates from Piper Sandler to gauge the potential impact of the downgrade on CNX Resources' stock price. The firm's analysts will continue to provide insights and recommendations based on their ongoing analysis of the company's performance and the broader market conditions.

References:
[1] https://www.marketbeat.com/ratings/by-issuer/piper-sandler-stock-recommendations/