CONSOL Energy upgraded to Buy from Neutral at Davenport Davenport upgraded CONSOL Energy based on expectations for a recovery in met coal prices in 2013 and increased investor focus on its E&P assets. Price target raised to $40 from $33.
CONSOL lower guidance due to lower capex, says Brean Capital Brean Capital noted CONSOL lowered its growth guidance due to a reduction in its E&P capital expenditures. The firm believes any weakness could be a buying opportunity, as the shift in guidance shows discipline and prudence. Brean Capital lowered its price target to $36 from $37 on CONSOL shares.