Benchmark Maintains Buy on Peabody Energy, Lowers Price Target to $28
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst Nathan Martin maintains a Buy rating on Peabody Energy (NYSE:BTU) but lowers the price target from $30 to $28.

July 31, 2023 | 12:51 pm
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Benchmark analyst maintains a Buy rating on Peabody Energy but lowers the price target from $30 to $28.
The news is directly related to Peabody Energy. While the Buy rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact on the stock price is uncertain as the Buy rating is still in place.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100