Alpha Natural upgraded to Neutral from Sell at Citigroup Citigroup upgraded Alpha Natural to Neutral citing the recent pullback in shares and low investor expectations. Citi keeps a $5.20 price target for shares.
Joy Global sees U.S coal market to be challenged in 2015 Joy Global says U.S. coal exports are likely to decline this year. Falling gas prices attributable to warmer weather will result in a switch to gas for electricity production. Publicly traded companies in the coal space include Alliance Resource Partners (ARLP), Alpha Natural (ANR), Arch Coal (ACI), CONSOL (CNX), Cloud Peak (CLD), Peabody (BTU) and Walter Energy (WLT).