Tuesday, October 18, 2011

Arch Coal (ACI) (ADM) (BRD) (BTU) (LYB) (MUJ) Get New Coverage

Arch Coal, Inc. (NYSE: ACI), Archer Daniels Midland Company (NYSE: ADM), Brigus Gold (NYSE: BRD), Peabody Energy Corp. (NYSE: BTU), LyondellBasell (NYSE: LYB) and BLK MuniHoldings New Jersey Insured Fund (NYSE: MUJ) getting new coverage from analysts.

Davenport initiated coverage on Arch Coal, Inc. (ACI). They placed a “Neutral” rating on the company.

Argus initiated coverage on Archer Daniels Midland Company (ADM). They placed a “Hold” rating on the company.

Global Hunter Securities initiated coverage on Brigus Gold (BRD). They placed an “Accumulate” rating and a price target of $1.90 on the company.

Davenport initiated coverage on Peabody Energy Corp. (BTU). They placed a “Buy” rating on the company.

Deutsche Bank (NYSE:DB) initiated coverage on LyondellBasell (LYB). They placed a “Buy” rating and a price target of $40.00 on the company.

Stifel Nicolaus initiated coverage on BLK MuniHoldings New Jersey Insured Fund (MUJ). They placed a “Hold” rating on the company.

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