Goldman reiterates its Conviction Buy on SunCoke Energy (SXC) and raises its price target to $21...

|About: SunCoke Energy (SXC)|By:, SA News Editor

Goldman reiterates its Conviction Buy on SunCoke Energy (SXC) and raises its price target to $21 from $18, while maintaining Buy ratings for Peabody (BTU) and Consol (CNX). The firm says its attractive view on the U.S. coal sector is "tactical," driven by its positive outlook for SXC, BTU and CNX: "While they are not necessarily met-coal focused, higher long-term met coal prices benefit all three."