B. Riley analyst Nick Giles lowered the firm’s price target on Peabody (BTU) to $42 from $43 and keeps a Buy rating on the shares. Peabody Energy expects its Centurion Mine to produce about 250k tons in 1Q26, below prior guidance of about 700k tons, due to greater-than-anticipated mine commissioning challenges, though full-year 2026 met coal guidance of 10.3-11.3M tons remains unchanged, the analyst tells investors in a research note.
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