Citi - ANR Upgrade Details
07:33 EDT ANR
theflyonthewall.com: Alpha Natural upgraded to Buy from Neutral at Citigroup
Citigroup believes Alpha Natural's free cash flow has bottomed and that valuation is attractive.
the tide is turning
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- two to three upgrades now in last 10 days
- more positive sentiment towards ANR
- coal prices rock bottom and have bottomed out
- ANR extremely cheap at these levels