Zacks Research Upgrades WhiteHawk Income (NYSE:WHK) to Hold

WhiteHawk Income (NYSE:WHK) was upgraded by analysts at Zacks Research to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

A number of other research analysts have also recently issued reports on WHK. Raymond James Financial began coverage on WhiteHawk Income in a report on Tuesday. They issued a “strong-buy” rating and a $34.00 price target for the company. Stephens assumed coverage on shares of WhiteHawk Income in a research report on Monday. They issued an “overweight” rating and a $33.00 price objective for the company. Stifel Nicolaus began coverage on shares of WhiteHawk Income in a research report on Monday. They issued a “buy” rating and a $30.00 price objective for the company. JPMorgan Chase & Co. started coverage on shares of WhiteHawk Income in a research note on Monday. They issued a “neutral” rating and a $28.00 target price for the company. Finally, Wall Street Zen raised shares of WhiteHawk Income to a “hold” rating in a research note on Saturday, June 13th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, WhiteHawk Income currently has an average rating of “Moderate Buy” and a consensus price target of $31.40.

WhiteHawk Income Trading Down 1.6%

Shares of WHK opened at $26.76 on Tuesday. WhiteHawk Income has a 52-week low of $25.49 and a 52-week high of $28.60.

About WhiteHawk Income

WhiteHawk is focused on being the premier natural gas mineral and royalty business in the United States. We are committed to delivering cash flow and total returns to our investors through the disciplined acquisition, active management and ownership of high-quality mineral and royalty interests. Our assets are concentrated in the Marcellus and Haynesville Shales, which are located in the Appalachian and Haynesville Basins, which are among the most productive and lowest-cost U.S. natural gas basins(1).