UPDATE: Citigroup Raises PT on Walter Energy on 3Q Preview, Lowered Estimates
October 17, 2013 at 11:14 AM EDT
In a report published Thursday, Citigroup analyst Brian Yu reiterated a Buy rating on Walter Energy (NYSE: WLT ), and raised the price target from $16.00 to $20.00. In the report, Citigroup noted, “After completing the $450 mln senior secured bond deal and repaying $250 mln in Term-Loan A debt
