Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for CVR Partners LP (NYSE: UAN) improved recently. UAN’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
CVR Partners LP (NYSE: UAN) stock rose modestly by 1.0% on 4/19/24. The stock closed at $76.58. However, trading volume in this advance was normal at 83% of normal. The stock has been weak relative to the market over the last nine months and has declined -4.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, UAN is expected to continue to be a major Value Builder.
CVR Partners has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. CVR Partners has a slightly positive Appreciation Score of 68 but a poor Power Rating of 21, with the Low Neutral Value Trend Rating the result.
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