Citigroup upgrades its rating on coal producer Consol Energy (CNX +1.2%) to Buy from Hold, as...

|About: CNX Resources Corporation (CNX)|By:, SA News Editor

Citigroup upgrades its rating on coal producer Consol Energy (CNX +1.2%) to Buy from Hold, as “bulk commodities such as coal and iron ore should hold relatively well during this period of volatility" as the commodities selloff brings fundamentals back into focus, "supported not only by solid demand but severe supply-side constraints."