UPDATE: Goldman Sachs Reiterates on Alpha Natural Resources on Lowered EBITDA Estimates

By: Benzinga
In a report published Wednesday, Goldman Sachs analyst Neil Mehta reiterated a Neutral rating on Alpha Natural Resources (NYSE: ANR ), but lowered the price target from $9.00 to $8.00. In the report, Goldman Sachs noted, “We lower our 2014-2016 EBITDA estimates to $419/$495/$622 mn from $428/$526/$655 mn, reflecting lower
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