Deutsche Bank Downgrades Patriot Coal (PCX) to Hold; Uncertainty of Financing Arrangements
Tweet
Share
E-mailGet 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
Rating Summary:
1 Buy, 8 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Deutsche Bank downgraded Patriot Coal (NYSE: PCX) from Buy to Hold.
Deutsche analyst said, "We downgrade our rating on Patriot Coal to Hold on the back of the volatility of the stock due to timing and uncertainty of financing arrangements and outcome of a recent customer default."
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 $2.18 yesterday.
Deutsche analyst said, "We downgrade our rating on Patriot Coal to Hold on the back of the volatility of the stock due to timing and uncertainty of financing arrangements and outcome of a recent customer default."
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 $2.18 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Wells Fargo Downgrades Roku Inc. (ROKU) to Equal Weight
- RBC Capital Downgrades Accelerant Holdings (ARX) to Sector Perform
- DA Davidson Downgrades Blaize Inc. (BZAI) to Neutral
Create E-mail Alert Related Categories
DowngradesRelated Entities
Deutsche BankSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
