Piper Sandler raises PBF Energy target to $97
The raised target points to analyst-perceived upside despite the recent price decline; the target remains an opinion and does not establish a bearish setup.
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The raised target points to analyst-perceived upside despite the recent price decline; the target remains an opinion and does not establish a bearish setup.
What happened, with direct paths to the underlying reporting
Piper Sandler raised its PBF Energy target to $97 from an unspecified prior level. The posted price of $78 implies about 24% upside to the new target.
Target: $97
Posted price: $78
Analyst firm: Piper Sandler
Analyst: John Royall
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