BKV Corp. price target raised to $25 from $24 at Truist

Truist raised the firm’s price target on BKV Corp. (BKV) to $25 from $24 and keeps a Buy rating on the shares. The company turned in a mixed Q3 report and the stock gave back some of its post-election relative outperformance, though given its complex asset base and relatively new exposure to the public markets, investors should “still dig in” and gradually come to appreciate the embedded upside of the firm’s valuation, the analyst tells investors in a research note.