Alpha Natural Resources (ANR -3.2%) is under pressure again after S&P places its credit...

|About: Alpha Natural Resources, Inc. (ANRZQ)|By:, SA News Editor

Alpha Natural Resources (ANR -3.2%) is under pressure again after S&P places its credit rating on watch for a downgrade and its planned production cuts, but UBS says ANR's repositioning news bodes well and shares should be higher. The firm cuts its 2012, 2013 and 2014 EPS estimates as well as its stock target price (to $15 from $19) while maintaining its Buy rating.