UPDATE: Deutsche Bank Cuts OT to $2.50 on James River Coal on Q4 Miss, Weak Outlook
Posted on March 11, 2013 at 11:45 AM EDT
Deutsche Bank maintained James River Coal (NASDAQ: JRCC ) with a Hold rating and lowered the price target from $3.25 to $2.50. Deutsche Bank commented, "4Q miss on volumes & costs; outlook weak - JRCC reported 4Q adjusted EPS loss of $1.59, vs. DBe/ consensus of $1.19 loss / $1.41