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 price target lowered to $10 from $23 at UBS UBS reduced its valuation multiples for CONSOL Energy, citing the continued weak commodity outlook and the company's maturing growth profile, resulting in its price target on the stock being cut to $10 from $23. While CONSOL has shown good progress on costs and capital intensity, energy markets remain depressed and the market appears unexcited about CONSOL's asset sale potential, the firm said. UBS keeps its Neutral rating on CONSOL shares.