Goldman Sachs Downgrades Walter Energy (WLT) to Neutral

June 20, 2011 6:59 AM EDT
Get Alerts WLT Hot Sheet
Price: $0.16 --0%

Rating Summary:
    1 Buy, 16 Hold, 5 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs downgraded Walter Energy (NYSE: WLT) from Buy to Neutral and cut its price target from $157 to $140, suggesting 30% upside.

The firm said while they like the international growth outlook, they better upside
for others.

For more ratings news on Walter Energy click here and for the rating history of Walter Energy click here.

Shares of Walter Energy closed at $108.07 yesterday.


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