Goldman Sachs Upgrades Alpha Natural Resources (ANR), Adds to Conviction Buy List

June 12, 2009 7:51 AM EDT

Goldman Sachs upgrades Alpha Natural Resources, Inc. (NYSE: ANR) from Neutral to Buy and added the stock to their Conviction Buy List. The firm's price target was raised from $32 to $38.

Alpha Natural Resources, Inc. operates as a coal producer primarily in the central Appalachian and northern Appalachian regions.


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