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Goldman Sachs Downgrades Peabody Energy (BTU) to Neutral

December 7, 2011 7:03 AM EST
Get Alerts BTU Hot Sheet
Price: $23.46 +0.09%

Rating Summary:
    6 Buy, 11 Hold, 8 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 11 | New: 14
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Goldman Sachs downgraded Peabody Energy (NYSE: BTU) from Buy to Neutral with a price target of $43.00.

The firm cited lower earnings for its Illinois Basin/Western Bit thermal and PCI met businesses.

For an analyst ratings summary and ratings history on Peabody Energy click here. For more ratings news on Peabody Energy click here.

Shares of Peabody Energy closed at $38.24 yesterday.


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