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Stock impact report

Peabody Energy (BTU) Price Target Raised by Analyst [Yahoo! Finance]

Peabody Energy Corporation (BTU) 
Last peabody energy corporation earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Pixabay/Public Domain a leading coal producer, Peabody Energy Corporation (NYSE:BTU) is a leading coal producer that provides essential products for the production of affordable, reliable energy and steel. Peabody Energy Corporation (NYSE:BTU) received a lift on December 12 when UBS raised its price target on the stock from $27 to $29 while keeping a ‘Neutral' rating. Moreover, in the latest step by the Trump administration to support the American coal sector, the US Energy Secretary Chris Wright signed an order on December 16 for a Washington state coal plant to continue operating past its scheduled retirement date at the end of this year. Mr. Wright also ensured that the government would continue its efforts to keep the country's coal plants running to keep the electricity price hikes in check and ensure the availability of critical generation sources. In other news, Peabody Energy Corporation (NYSE:BTU) announced on December 19 that its CEO, Jim Grech, will step down in 20 Show less Read more
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