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Fly News Breaks for April 27, 2017
BTU
Apr 27, 2017 | 07:37 EDT
MKM Partners analyst Daniel Scott initiated Peabody Energy with a Buy and a $33 price target saying it offers an attractive mix of low-cost thermal coal operations in the PRB and Illinois Basin, and provides exposure to export thermal coking, and PCI markets from its Australian operations, all at an attractive valuation.
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