Truist Securities Maintains Buy on BKV, Raises Price Target to $34
Truist Securities analyst Gabe Daoud maintains BKV (NYSE:BKV) with a Buy and raises the price target from $33 to $34.
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Shares of oil and gas related-companies are lower following reports suggesting that Saudi Arabia is attempting to restore crude oil exports quickly through pipeline repairs and ship-to-ship transfers. Also, API and EIA data indicated weekly U.S. crude and distillate inventory growth, further pressuring the oil price.
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