Goldman Sachs Upgrades Arch Coal Inc (ACI) to Neutral
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Price: $12.42 +0.16%
Rating Summary:
18 Buy, 17 Hold, 7 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
18 Buy, 17 Hold, 7 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs upgraded Arch Coal Inc (NYSE: ACI) from Sell to Neutral with a price target of $8.00.
The firm said the risk/reward is more balanced as concerns about thermal volume cuts and its balance sheet is now mostly discounted in the stock.
For an analyst ratings summary and ratings history on Arch Coal Inc click here. For more ratings news on Arch Coal Inc click here.
Shares of Arch Coal Inc closed at $7.41 yesterday.
The firm said the risk/reward is more balanced as concerns about thermal volume cuts and its balance sheet is now mostly discounted in the stock.
For an analyst ratings summary and ratings history on Arch Coal Inc click here. For more ratings news on Arch Coal Inc click here.
Shares of Arch Coal Inc closed at $7.41 yesterday.
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