It's a rough day for coal stocks, as BMO cuts Peabody Energy (BTU -1.3%) and Walter Energy (WLT...

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

It's a rough day for coal stocks, as BMO cuts Peabody Energy (BTU -1.3%) and Walter Energy (WLT -1%), believing both have relatively high debt levels and high stock valuations (also). Tudor Pickering downgrades James River (JRCC -7.5%), calling it a "more creative balance sheet restructuring option than coal market recovery play," and Deutsche Bank cuts its price target to $2.50.