Wells Fargo Cuts Alliance Holdings (AHGP) to Market Perform
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Price: $28.37 --0%
Rating Summary:
2 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
2 Buy, 1 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Wells Fargo downgraded shares of Alliance Holdings (NASDAQ: AHGP) from Outperform to Market Perform in an intraday research note Monday. The firm's valuation range was lowered from $58-$61 to $42-$44.
The firm said the downgraded reflected "negative coal sector fundamentals and less visibility, in our opinion, regarding distribution growth going forward for the partnership."
For an analyst ratings summary and ratings history on Alliance Holdings click here. For more ratings news on Alliance Holdings click here.
The firm said the downgraded reflected "negative coal sector fundamentals and less visibility, in our opinion, regarding distribution growth going forward for the partnership."
For an analyst ratings summary and ratings history on Alliance Holdings click here. For more ratings news on Alliance Holdings click here.
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