CNX Midstream Partners LP (NYSE:CNXM) gets downgraded to Market Perform by Wells Fargo & Co

ME Staff
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Analyst Ratings For CNX Midstream Partners LP (NYSE:CNXM)

Today, CNX Midstream Partners LP (NYSE:CNXM) stock was downgraded by Wells Fargo & Co from Outperform to Market Perform.

There are 4 Hold Ratings, 1 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on CNX Midstream Partners LP (NYSE:CNXM) is Hold with a consensus target price of $22.00 per share, a potential 45.41% upside.

Some recent analyst ratings include

  • 3/19/2019-CNX Midstream Partners LP (NYSE:CNXM) gets downgraded to Market Perform by Wells Fargo & Co
  • 3/7/2019-CNX Midstream Partners LP (NYSE:CNXM) gets downgraded to Neutral by Robert W. Baird with a price target of $18.00
  • 2/5/2019-CNX Midstream Partners LP (NYSE:CNXM) gets downgraded to Neutral by JPMorgan Chase & Co. with a price target of $20.00
  • 10/5/2018-CNX Midstream Partners LP (NYSE:CNXM) has coverage initiated with a Overweight rating and $24.00 price target

    About CNX Midstream Partners LP (NYSE:CNXM)
    CNX Midstream Partners LP owns, operates, develops, and acquires natural gas gathering and other midstream energy assets in the Marcellus Shale and Utica Shale in Pennsylvania and West Virginia. The company operates through two segments, Anchor Systems and Additional Systems. As of December 31, 2018, the company operated 14 compression and dehydration facilities. It also operates condensate handling facilities with handling capacities of 2,500 barrels per day in Majorsville, Pennsylvania, as well as Shirley, West Virginia that provide condensate gathering, collection, separation, and stabilization services. CNX Midstream GP LLC serves as a general partner of the company. The company was formerly known as CONE Midstream Partners LP and changed its name to CNX Midstream Partners LP in January 2018. CNX Midstream Partners LP was founded in 2014 and is based in Canonsburg, Pennsylvania.

    Recent Trading Activity for CNX Midstream Partners LP (NYSE:CNXM)
    Shares of CNX Midstream Partners LP closed the previous trading session at 15,13 +0,52 3,56 % with 14.61 shares trading hands.