Midwest U.S. Sees Green in Coal (CLF) (BTU) (KOL)

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Goldman Sachs Upgrades Arch Coal Inc (ACI) to Neutral

May 7, 2013 7:55 AM EDT

Goldman Sachs upgraded Arch Coal Inc (NYSE: ACI) from Sell to Neutral with a price target of $5.00 saying shares will likely outperform met stocks but lag thermal peers.

"We remain concerned about ACI's weak balance sheet and our view it will... More

Goldman Sachs Downgrades Alpha Natural Resources (ANR) to Sell, Sees 30% Downside

May 7, 2013 7:53 AM EDT

Goldman Sachs downgraded Alpha Natural Resources (NYSE: ANR) from Neutral to Sell and slashes its price target from $9 to $5.

The firm said while the company is well-run and has done a good job narrowing its focus to its highest margin thermal and met... More