Dahlman Rose Upgrades Alpha Natural Resources (ANR) to Buy on Improving Met Coal Outlook
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Dahlman Rose Upgrades Walter Energy (WLT) to Buy on Improving Met Coal Outlook
January 23, 2013 7:20 AM ESTDahlman Rose upgraded Walter Energy (NYSE: WLT) from Hold to Buy with a price target of $48.00 on improving pricing and the emergence of potential supply disruptions in the seaborne market.
The firm comments:
"Specifically, we look to spot prices rising above the quarterly... More