teens are moving to SNAPCHAT - FB is chasing teens?
Sentiment: Strong Sell
This is the biggest Scam on WS when the company fails to make $$$
want to win next President election must know what to do!
Peabody Energy upgraded to Buy from Neutral at Goldman
2 hours ago
Goldman ugpraded Peabody due to volume growth in Australia, improving cash flows, a bottom in met coal prices, and valuation. Price target raised to $26 from $21.
GS upgrade will affect the coal/steel sector as a whole and that is how Wall Street Works.
see $50 again - IMO
FB's lesson - bought at IPO price around $43, but also shorted around $40, FB went to near $18, cover my short around $20 but kept the long position. Now FB is $47...U can make $$$ both ways short and long on one stock.
Goldman Sachs upgraded Peabody Energy (NYSE: BTU) from Neutral to Buy with a price target of $26.00 (from $21.00). Analyst Neil Mehta made note of Australian growth and improving cash flow.
"Four factors underpin our positive view of BTU: (1) the potential for continued cost cutting and volume growth in Australia, (2) the bottoming in met coal prices, (3) improving cash flow and (4) attractive relative and absolute valuation. Even after outperformance in the last three months, BTU has still lagged the S&P500 by over 50% in the last 12 months and 110% in the last 3 years," said Mehta.
For an analyst ratings summary and ratings history on Peabody Energy click here. For more ratings news on Peabody Energy click here.
Shares of Peabody Energy closed at $20.19 yesterday, with a 52 week range of $14.34-$29.57.