March 01, 2013 at 13:02 PM EST
UPDATE: UBS Upgrades Cloud Peak Energy to Buy on Risk/Reward Tradeoff
UBS upgraded Cloud Peak Energy (NYSE: CLD ) from Neutral to Buy with a $22.00 price target. UBS commented, "Given our expectations for PRB to move upward, we revisited our outlook for CLD (100% exposed to the PRB) that was downgraded to Neutral from Buy in January 2012. At
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