UBS analyst George Eadie lowered the firm’s price target on Peabody (BTU) to $35.50 from $36.50 and keeps a Neutral rating on the shares. The Centurion ramp-up challenges have been resolved, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BTU:
- Peabody Energy: Centurion Setback Creates Near-Term Pressure but Supports Undervalued Long-Term Upside
- Peabody sees Centurion Mine sales volume below prior expectations for Q1
- Peabody price target lowered to $43 from $44 at Jefferies
- Peabody Energy Updates Centurion Mine Outlook and Guidance
- Peabody price target raised to $36.50 from $34.50 at UBS