Deutsche Bank Upgrades Alliance Resource Partners (ARLP) to Buy

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Deutsche Bank upgraded Alliance Resource Partners (NASDAQ: ARLP) from Hold to Buy with a price target of $70.00.

The firm cited total return upside as its shares have underperformed on dividend concerns and the 'risk-on' environment.

For an analyst ratings summary and ratings history on Alliance Resource Partners click here. For more ratings news on Alliance Resource Partners click here.

Shares of Alliance Resource Partners closed at $61.75 yesterday, with a 52 week range of $50.42-$82.67.

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