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FBR Upgrades Joy Global To Outperform, Lifts Target To $25
Friday, June 10, 2016 - 11:05am | 401FBR’s Lucas N. Pipes expressed increased confidence in the growth opportunities that lie ahead for Joy Global Inc. (NYSE: JOY). Pipes upgraded the rating on the company from Market Perform to Outperform, while raising the price target from $14 to $25. Doing Well In A Tough Environment “...
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Coal Pair Trade? FBR Upgrades Cloud Peak, Downgrades Peabody On Revised Price Forecast
Thursday, February 4, 2016 - 11:03am | 462Cloud Peak Energy Inc. (NYSE: CLD) shares are down 31 percent since January 5, while shares of Peabody Energy Corporation (NYSE: BTU) have lost 45 percent. FBR’s Lucas N. Pipes upgraded the rating for Cloud Peak from Underperform to Market Perform, while downgrading Peabody Energy from...
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FBR Slashes Cliffs Price Target To $1.00, Sees 37% Downside
Monday, December 28, 2015 - 10:03am | 253Shares of Cliffs Natural Resources Inc (NYSE: CLF) have declined 75.49 percent year-to-date, dropping close to their 52 week low on December 21 at $1.55. Lucas N. Pipes of FBR & Co. has reiterated a Market Perform rating on the company, while lowering the price target from $3 to $1....