BB&T Capital Initiates Westmoreland Coal At Buy

BB&T Capital initiated coverage on

with a Buy rating. The target price for Westmoreland Coal is set to $40. Westmoreland Coal shares have declined 2.13 percent over the past 52 weeks, while the S&P 500 index has gained 12.45 percent in the same period. Westmoreland Coal shares rose 0.91 percent to close at $29.89 yesterday.