Raymond James Downgrades Peabody Energy (BTU) to Market Perform

September 5, 2012 8:53 AM EDT
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Price: $25.48 +5.77%

Rating Summary:
    7 Buy, 12 Hold, 7 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Raymond James downgraded Peabody Energy (NYSE: BTU) from Outperform to Market Perform after lowering their met coal price forecast from $210/mt to $190 for Q4 and from $217.50 to $200 for 2013.

For an analyst ratings summary and ratings history on Peabody Energy click here. For more ratings news on Peabody Energy click here.

Shares of Peabody Energy closed at $20.90 yesterday.


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