B. Riley Securities Maintains Buy on Peabody Energy, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained a Buy rating on Peabody Energy and increased the price target from $32 to $34.
September 17, 2024 | 12:44 pm
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B. Riley Securities has reaffirmed its Buy rating on Peabody Energy and increased the price target from $32 to $34, indicating confidence in the company's future performance.
The reaffirmation of a Buy rating and an increased price target by a reputable analyst suggests a positive outlook for Peabody Energy. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100