UPDATE: Morgan Stanley Reiterates on CONSOL Energy Following Sale of Consolidated Coal Assets
November 04, 2013 at 10:20 AM EST
In a report published Monday, Morgan Stanley analyst Evan L. Kurtz reiterated an Overweight rating on CONSOL Energy (NYSE: CNX ), and raised the price target from $44.00 to $48.00. In the report, Morgan Stanley noted, “We view the sale of the Consolidated Coal assets as value enhancing. Our refreshed