Patriot Coal (PCX +5.3%) pops after BMO upgrades the stock on improving macro conditions for...

|About: Patriot Coal Corp. (PCXCQ)|By:, SA News Editor

Patriot Coal (PCX +5.3%) pops after BMO upgrades the stock on improving macro conditions for coal producers. The firm says metallurgical coal prices should rise due to three factors: strong China-led demand, supply disruptions and cost-push inflation.