BMO Starts Coverage on Peabody (BTU), Arch Coal (ACI), Patriot Coal (PCX)
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BMO Capital initiated coverage on several coal stocks this morning:
- Peabody Energy (NYSE: BTU) with an Outperform rating
- Arch Coal (NYSE: ACI) with a Market Perform rating
- Patriot Coal (NYSE: PCX) with an Underperform rating
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