BKV Corp. price target raised to $26 from $20 at Evercore ISI

Evercore ISI analyst Chris Baker raised the firm’s price target on BKV Corp. (BKV) to $26 from $20 and keeps an Outperform rating on the shares. BKV is “making significant strides” in creating a vertically integrated gas, power, and CCS platform, with recent strategic partnerships “adding credibility and capital,” the analyst tells investors following a recent field tour that the firm says highlighted the company’s “unique position in the decarbonization space.”