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J.P. Morgan Sticks to Its Sell Rating for CVR Energy (CVI)
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J.P. Morgan Sticks to Its Sell Rating for CVR Energy (CVI)

In a report released on August 14, John Royall from J.P. Morgan maintained a Sell rating on CVR Energy (CVIResearch Report), with a price target of $32.00. The company’s shares closed yesterday at $34.77.

According to TipRanks, Royall is a 4-star analyst with an average return of 8.0% and a 64.56% success rate. Royall covers the Energy sector, focusing on stocks such as Conocophillips, Chevron, and CVR Energy.

Currently, the analyst consensus on CVR Energy is a Moderate Sell with an average price target of $33.00.

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The company has a one-year high of $38.22 and a one-year low of $21.69. Currently, CVR Energy has an average volume of 1.07M.

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CVR Energy, Inc. is a holding company. The firm engages in the provision of petroleum refining and marketing business. It operates through the following segments: Petroleum and Nitrogen Fertilizer. The company was founded in September 1906 and is headquartered in Sugar Land, TX.

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