Cloud Peak Energy (CLD) Misses Q1 EPS by 38c, Updates Guidance
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FBR Capital Downgrades Cloud Peak Energy (CLD) to Underperform
April 29, 2016 9:18 AM EDTFBR Capital downgraded Cloud Peak Energy (NYSE: CLD) from Market Perform to Underperform with a price target of $1.25 (from $1.50).
Analyst Lucas Pipes commented, "We are lowering our rating on Cloud Peak Energy to Underperform from Market Perform following its 1Q16 miss amid exceptionally challenging industry fundamentals. While we remain constructive on 2017 natural gas prices, we... More
