Bank of America Resumes Coverage on Massey Energy (MEE)

July 1, 2009 7:44 AM EDT

Bank of America resumes coverage on Massey Energy (NYSE: MEE) with a Neutral rating. Price target $22.

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Massey Energy Company (Massey) produces, processes and sells bituminous coal of steam and metallurgical grades, primarily of a low sulfur content, through its 23 processing and shipping centers, called Resource Groups, many of which receive coal from multiple coal mines.


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