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Fly News Breaks for January 25, 2018
BTU, ARCH
Jan 25, 2018 | 08:39 EDT
JPMorgan analyst John Bridges downgraded Arch Coal (ARCH) to Neutral from Overweight with an unchanged price target of $90. The analyst finds the shares "reasonably valued" following the 30% rally over the past three months. He recommends taking profits at current levels. Bridges also raised his price target for Overweight-rated Peabody Energy (BTU) to $52 from $37. The analyst notes his new price target reflects 30% upside from current levels.
News For ARCH;BTU From the Last 2 Days
