Davenport downgrades a few coal stocks this morning, citing a lack of catalysts and headwinds...

|By:, SA News Editor

Davenport downgrades a few coal stocks this morning, citing a lack of catalysts and headwinds from cuts in production, lowered guidance and rising thermal coal inventories. The firm cuts Alpha Natural Resources (ANR +1.2%), Peabody Energy (BTU -0.2%) and CONSOL Energy (CNX +2.7%) all to Neutral.