B. Riley FBR analyst Lucas Pipes downgraded SunCoke Energy to Neutral from Buy and lowered his price target for the shares to $8 from $12. The analyst sees a number of events that present "significant headline risk" for the stock as well as a lack of near-term positive catalysts. First, the terms at which SunCoke will renegotiate its contracts with two key customers expiring over the next two years is unclear, Pipes tells investors in a research note. Second, the company has significant counterparty risk at the Convent Marine Terminal, as its two customers could potentially enter a restructuring process in the near term, adds the analyst.