Morgan Stanley Raises Whitehaven Coal Price Target 6% to A$8.95
Morgan Stanley raised its price target for Whitehaven Coal by 6% to A$8.95 per share.
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10:59:54 PM UTC
SquawkNews
Whitehaven Coal's bull at Morgan Stanley raises its price target by 6%, to A$8.95/share, highlighting several tailwinds for the miner. "Higher gas prices, constrained Indonesian supply and Indian restocking should support thermal coal," MS says. It estimates thermal coal prices at the Australian po…