Barclays lowered CNX Resources Corporation’s price target to $32 from $33 on October 7, maintaining an Equal Weight rating. The firm anticipates sequential production declines in Q3 and Q4 of 2025 due to a front-loaded turn-in-line schedule earlier in the year. Capital expenditures will be lighter in Q3 but increase in Q4 as drilling activities resume. Utica wells performed well in Q2 and are competitive with Marcellus opportunities. CNX Resources is an independent natural gas and midstream company in the Appalachian Basin, but certain AI stocks may offer greater upside potential.
Read more at Yahoo Finance: Barclays Lowers CNX Resources (CNX) PT to $32 Amid Q3 2025 E&P Preview
