Peabody Energy (BTU) Upgraded To Overweight

Symbols: BTU
Tags: JP Morgan
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Body: Analysts at JP Morgan upgrade Peabody Energy Corporation (NYSE: BTU) from "neutral" to "overweight." The target price for BTU is set to $50. JP Morgan believes that BTU is well positioned for growth in 2010.

BTU’s shares closed at $42.37 yesterday.

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