B. Riley Securities Maintains Buy on Peabody Energy, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Lucas Pipes maintains a Buy rating on Peabody Energy (NYSE:BTU) and raises the price target from $32 to $34.
February 27, 2024 | 2:10 pm
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B. Riley Securities maintains a Buy rating on Peabody Energy and raises the price target from $32 to $34.
The upgrade in the price target by a reputable analyst firm like B. Riley Securities typically signals a positive outlook on the stock, suggesting a potential increase in stock price in the short term. The maintenance of a Buy rating reinforces the positive sentiment towards Peabody Energy.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100