CONSOL price target raised to $57 from $48 at Brean Capital Brean Capital raised its price target for CONSOL shares to $57 citing the company's growing E&P business. The firm keeps a Buy rating on the name.
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CONSOL raises FY14 E&P production guidance to 225-235 Bcfe from 215-235 Bcfe CONSOL Energy recently raised its 2014 E&P production guidance range to 225 - 235 Bcfe from earlier guidance of 215 - 235 Bcfe. To achieve the mid-point of the new range, the company will need to produce approximately 60 Bcfe in Q3 and 70 Bcfe in Q4. The company has a record number of Marcellus Shale wells due to be tied into line in Q3.