Deutsche Bank Downgrades Peabody Energy To Hold
Analysts at Deutsche Bank downgraded Peabody Energy (NYSE: BTU) 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.
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