Peabody Energy Corporation (BTU) has been upgraded by Morgan Stanley to an overweight rating from an equalweight rating.
The firm also boosted the price target on shares of the private sector coal company by 50% to $30 from $20.
In pre-market activity, shares of BTU are up 3.75% to $19.36, and have a 52-week trading range of $14.34 – $21.84.
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