Goldman Sachs Downgrades Walter Energy (WLT) to Neutral

June 20, 2011 6:59 AM EDT Send to a Friend
Get Alerts WLT Hot Sheet
Price: $13.63 +16.50%

Rating Summary:
    7 Buy, 14 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 12 | New: 30
Trade WLT Now!
Goldman Sachs downgraded Walter Energy (NYSE: WLT) from Buy to Neutral and cut its price target from $157 to $140, suggesting 30% upside.

The firm said while they like the international growth outlook, they better upside
for others.

For more ratings news on Walter Energy click here and for the rating history of Walter Energy click here.

Shares of Walter Energy closed at $108.07 yesterday, with a 52 week range of $57.62-$143.76.


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here



You May Also Be Interested In


Related Categories

Downgrades, Hot Downgrades

Related Entities

Goldman Sachs

Add Your Comment