Sterne Agee CRT Downgrades Peabody Energy (BTU) to Neutral

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Go back to Sterne Agee CRT Downgrades Peabody Energy (BTU) to Neutral

Peabody Energy (BTU) Not Worth More than $1 - Barclays

February 18, 2016 11:46 AM EST

Coal producer Peabody Energy (NYSE: BTU) is lower again Thursday as another Wall Street analyst cut the price target on the stock sharply below current levels.

Today, Barclays' Matthew Korn reiterated an Underweight rating and cut his price target to $1.00 (from $7.00).

Korn said he the company's recent fourth quarter results were... More