Arch Coal Upgraded by JP Morgan (ACI)
Posted on August 24, 2009 at 12:01 PM EDT
Coal producer Arch Coal, Inc. (ACI) saw its rating and price target raised on Monday by J.P. Morgan analyst John Bridges. Bridges boosted his rating on the stock to “Overweight” from “Neutral,” and raised his price target on ACI shares to $22 from $19. Arch Coal shares had closed at $17.50 on Friday. The analyst said in [...]