UPDATE: BofA Upgrades Peabody Energy to Neutral, Raises Target to $20
January 27, 2014 at 12:57 PM EST
In a note from Monday morning, Bank of America upgraded Peabody Energy Corporation (NYSE: BTU ) from Underperform to Neutral and raised the price target from $15.00 to $20.00. The firm's Timna Tanners suggested the new rating was based on the belief most if not all negative items related to