LSV Asset Management reduced its stake in CNX Resources Corporation (NYSE:CNX) by 6.0% in the third quarter, selling 40,400 shares and holding 632,500 shares valued at $20.32 million. Other institutional investors also adjusted their positions in CNX, which saw its stock trading up 3.4% and reported strong quarterly earnings of $1.28 EPS, significantly beating analyst estimates. Analysts currently have a “Reduce” rating on CNX Resources with an average price target of $36.00.
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LSV Asset Management Sells 40,400 Shares of CNX Resources Corporation. $CNX
LSV Asset Management reduced its stake in CNX Resources Corporation (NYSE:CNX) by 6.0% in the third quarter, selling 40,400 shares and holding 632,500 shares valued at $20.32 million. Other institutional investors also adjusted their positions in CNX, which saw its stock trading up 3.4% and reported strong quarterly earnings of $1.28 EPS, significantly beating analyst estimates. Analysts currently have a “Reduce” rating on CNX Resources with an average price target of $36.00.