SunCoke Energy IPO will be main catalyst, says Brean Capital at Brean Capital

theflyonthewall.com

Brean Capital reiterated its Buy rating on SunCoke Energy following Q3 results. The firm said the company restated its plans to IPO its Haverhill and Middletown facilities before year end, provided more clarity on its coal business, and had another solid quarter leading to the firm recommending buying shares at current levels. Price target is $22.

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