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Walter Energy (WLT -1.3%) is raised to Buy from Hold with an $81 price target at Brean Murray,...
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Friday, May 4, 2012, 10:45 AM ETWalter Energy (WLT -1.3%) is raised to Buy from Hold with an $81 price target at Brean Murray, which believes WLT deserves a larger premium over its peers after demonstrating in its Q1 result the "ability to increase production in the U.S., bucking the coal producer's recent trend of falling short of both guidance and investor expectations."
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