Deutsche Bank Upgrades Alliance Resource Partners (ARLP) to Buy

January 9, 2013 9:09 AM EST
Get Alerts ARLP Hot Sheet
Price: $24.70 -0.96%

Rating Summary:
    7 Buy, 5 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 26 | New: 46
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Deutsche Bank upgraded Alliance Resource Partners (NASDAQ: ARLP) from Hold to Buy with a price target of $70.00.

The firm cited total return upside as its shares have underperformed on dividend concerns and the 'risk-on' environment.

For an analyst ratings summary and ratings history on Alliance Resource Partners click here. For more ratings news on Alliance Resource Partners click here.

Shares of Alliance Resource Partners closed at $61.75 yesterday.


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