Truist Securities analyst Bertrand Donnes initiated coverage on BKV Corporation (BKV) with a Buy rating and a price target of $24, highlighting the company’s unique ‘closed-loop’ system and strong growth potential across its three segments. The analyst expects BKV to deliver on all three segments by 2025, with the company well-positioned to consolidate Barnett upstream assets, expand its Power JV into data center demand, and pursue larger CCUS projects.