Whole coal sector to suffer today.
From buy to hold. Still have a price target of $42 (current price $38). You are correct though. Will probably hurt coal shares today. ALL negative comments for the coal market right now including the coming warm weather.
Price target does not impress me, being that we are only 10% away from reaching it....Targets are typically for at least a year out.........
Holding is ok, yet will not propel our coal stocks further without increased buying.
Let's hope for the best. ACI has been a real dud here.