Howard Weil Upgrades Peabody Energy (BTU) to Market Outperform

Howard Weil's Holly Stewart upgraded shares of Peabody Energy (NYSE: BTU) from Market Perform to Market Outperform Friday morning following the company's Q1 results Thursday morning. The analyst maintained a $51 price target on the stock.

Shares of Peabody rallied more than 7 percent following the quarterly results, but are giving back some gains this morning. The stock last traded at $30.12, down about 1 percent for the session.

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

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