BMO Capital Maintains Market Perform on Peabody Energy, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst David Gagliano has maintained a Market Perform rating on Peabody Energy (NYSE:BTU) and lowered the price target from $25 to $24.
May 03, 2024 | 3:38 pm
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BMO Capital maintains a Market Perform rating on Peabody Energy and lowers the price target from $25 to $24.
The reduction in the price target by BMO Capital suggests a slightly less optimistic outlook on Peabody Energy's stock value in the short term. This adjustment could lead to a negative perception among investors, potentially causing a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100