UPDATE: Goldman Sachs Upgrades Peabody Energy on Australian Growth, Improving Cash Flow
November 08, 2013 at 09:22 AM EST
In a report published Friday, Goldman Sachs analyst Neil Mehta upgraded the rating on Peabody Energy Corporation (NYSE: BTU ) from Neutral to Buy, and raised the price target from $21.00 to $26.00. In the report, Goldman Sachs noted, “We upgrade shares of Peabody Energy (BTU) to Buy from Neutral
