B. Riley analyst Lucas Pipes lowered the firm’s price target on Consol Energy to $98 from $100 and keeps a Buy rating on the shares. U.S. hot rolled coil steel prices rose modestly for the third consecutive week, closing Friday at $825 a ton, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>