B. Riley Securities Maintains Buy on Peabody Energy, Lowers Price Target to $27
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities analyst Lucas Pipes maintains a Buy rating on Peabody Energy (NYSE:BTU) and lowers the price target from $29 to $27.
June 26, 2023 | 3:54 pm
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NEUTRAL IMPACT
B. Riley Securities maintains a Buy rating on Peabody Energy (NYSE:BTU) and lowers the price target from $29 to $27.
The news of B. Riley Securities maintaining a Buy rating on Peabody Energy is positive for the stock. However, the lowering of the price target from $29 to $27 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100