B. Riley lowered the firm’s price target on Peabody Energy (BTU) to $18 from $19 and keeps a Buy rating on the shares. The firm updated estimates post the Q1 report. Riley believes upside still exists for Peabody on its stand-alone model, particularly as Centurion remains ahead of schedule and the company executes on the cost side.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BTU:
- Peabody Energy price target lowered to $23 from $26 at Benchmark
- Strong Operational Performance and Strategic Positioning Support Buy Rating for Peabody Energy
- Peabody Energy Reports Strong Q1 2025 Results
- Peabody Energy’s Earnings Call Highlights Resilience and Challenges
- Peabody Energy Announces Quarterly Dividend Amid Strong Results