Separately, Stifel Nicolaus assumed coverage on Arch Coal in a research report on Monday, October 10th. They issued a buy rating and a $81.00 target price for the company.
Shares of Arch Coal (NASDAQ:ARCH) opened at 67.14 on Wednesday. Arch Coal has a 52 week low of $0.04 and a 52 week high of $70.00. The company has a 50-day moving average of $15.10 and a 200-day moving average of $4.07.
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