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Walter Energy Inc WLT



NYSE:WLT - Post by User

Comment by Dalmatinacon Nov 24, 2011 10:42am
174 Views
Post# 19264116

RE: what a joke....

RE: what a joke....what gives !!!! Targets from $140-$165 I recall.. recent past just prior to WTN buyout...... WLT is performing and dropping like RIM... Scotia Capital is out with a research report on Walter Energy Inc. (NYSE: WLT and is lowering its price target to $110 from $140, and is keeping its Sector Perform rating.In a note to clients, Scotia Capital writes, "Lower overall sales guidance. Walter Energy now expects to sell approximately 5.2 million tonnes of coal in 2H/11, approximately in line with 1H/11 sales volumes but below the company's previous guidance of 5.9 million tonnes. We have lowered our estimate to 5.2 Mt from 5.8 Mt to reflect the revisions to company guidance."Shares of WLT closed at $66.25 yesterday.Deutsche Bank price target is lowered to $105 was $130
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