Brean Murray Carret & Co. Upgrades Alpha Natural Resources (ANR) to Buy; Fundamentals Unchanged
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Price: $0.24 --0%
Rating Summary:
2 Buy, 11 Hold, 8 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 14 | Down: 11 | New: 36
Rating Summary:
2 Buy, 11 Hold, 8 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 14 | Down: 11 | New: 36
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Brean Murray Carret & Co. upgraded Alpha Natural Resources (NYSE: ANR) from Hold to Buy with a price target of $15.00.
Analyst, Lucas Pipes, said, "In our opinion, the fundamentals and outlook of the company and the met coal market did not materially change over recent weeks. What did change is the stock price, so that we now believe there is more upside to owning shares."
For an analyst ratings summary and ratings history on Alpha Natural Resources click here. For more ratings news on Alpha Natural Resources click here.
Shares of Alpha Natural Resources closed at $10.89 yesterday.
Analyst, Lucas Pipes, said, "In our opinion, the fundamentals and outlook of the company and the met coal market did not materially change over recent weeks. What did change is the stock price, so that we now believe there is more upside to owning shares."
For an analyst ratings summary and ratings history on Alpha Natural Resources click here. For more ratings news on Alpha Natural Resources click here.
Shares of Alpha Natural Resources closed at $10.89 yesterday.
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