Peabody Energy (BTU -3.3%) is cut to Neutral from Buy at Goldman Sachs, which views the coal...

|About: Peabody Energy Corp. (BTUUQ)|By:, SA News Editor

Peabody Energy (BTU -3.3%) is cut to Neutral from Buy at Goldman Sachs, which views the coal producer favorably but "risk/reward for shares appears more balanced after BTU has rallied with other U.S. coal stocks as signs China steel production is picking up and domestic thermal coal inventories are slowly falling."