UPDATE: Raymond James Upgrades Alpha Natural Resources on Improved Cost/Liquidity Outlook
November 01, 2013 at 10:09 AM EDT
In a report published Friday, Raymond James analyst James M. Rollyson upgraded the rating on Alpha Natural Resources (NYSE: ANR ) from Underperform to Market Perform. In the report, Raymond James noted, “After focusing on cost cutting initiatives over the past 18 months, Alpha announced a further planned $200 million