UPDATE: Imperial Capital Maintains on Westmoreland Coal
January 06, 2014 at 10:10 AM EST
In a report published Monday, Imperial Capital analyst Matthew Farewell maintained an Outperform rating on Westmoreland Coal (NASDAQ: WLB ) raising its price target from $15.50 to $25.00 According to the report, “Our price target is 25% above the recent share price. The Sherritt acquisition will raise reported pro forma