Wed Oct 02 16:28:41 UTC 2024: ## JPMorgan Cuts CVR Energy Price Target to $23, Maintains Underweight Rating

**New York, NY** – CVR Energy (NYSE:CVI) saw its price target lowered by research analysts at JPMorgan Chase & Co. from $26.00 to $23.00, according to a report released Wednesday. The brokerage firm maintained its “underweight” rating on the oil and gas company’s stock.

While the specifics of JPMorgan’s reasoning for the lowered target were not detailed in the report, this move suggests a bearish outlook on CVR Energy’s future performance.

This news comes as investors continue to monitor the oil and gas industry for signs of volatility in a challenging economic climate.

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