By: Benzinga
UPDATE: Bank of America Resumes SunCoke Energy at Underperform on Cautious Industry Outlook
Bank of America resumed coverage on SunCoke Energy (NYSE: SXC ) with an Underperform rating and announced a $17.00 price objective. Bank of America commented, "We reinstate coverage of metallurgical coke producer SunCoke (SXC) at Underperform following the spinoff of SunCoke Partners LP (SXCP), a Master Limited Partnership (MLP) containing
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