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.
Alpha Natural in talks for financing of possible bankruptcy filing, WSJ says Alpha Natural is engaging in discussions for financing for a possible bankruptcy filing, reports the Wall Street Journal, citing people familiar with the matter. The filing could come early next month, the Journal adds. Reference Link