Deutsche Bank Downgrades Peabody Energy To Hold

Analysts at Deutsche Bank downgraded Peabody Energy

from “buy” to “hold.” The target price for Peabody Energy has been lowered from $23 to $19. Peabody Energy's shares gained 1.34% to close at $16.61 on Thursday. Peabody Energy shares have gained 13.38% over the past 52 weeks, while the S&P 500 index has surged 21.67% in the same period.