Goldman Sachs Upgrades Patriot Coal (PCX) to Neutral

March 19, 2012 7:26 AM EDT
Get Alerts PCX Hot Sheet
Price: $10.20 --0%

Rating Summary:
    1 Buy, 8 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs upgraded Patriot Coal (NYSE: PCX) from Sell to Neutral with a price target of $6.50 (down from $8).

The firm said they see more downside to ACI and WLT and see risk/reward to 2012 earnings as more balanced.

For an analyst ratings summary and ratings history on Patriot Coal click here. For more ratings news on Patriot Coal click here.

Shares of Patriot Coal closed at $7.17 yesterday.


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