CONSOL upgraded at Goldman As previously reported, Goldman upgraded CONSOL to Buy from Neutral. The firm upgraded shares to reflect Marcellus and Utica production growth, strong free cash flow in coal and potential catalysts from the June 12 Analyst day. Price target raised to $55 from $49.
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.