BMO Reiterates Outperform and PT of $150 on Walter Energy

BMO reiterated its Outperform rating on Walter Energy WLT. At the same time, the rating agency left its price target on the company's stock unchanged at $16.10. On Wednesday, WLT lost 2.56% of its value to end the day at $110.48. Its shares continued to slide in today's pre-market trading, falling 12.20% to stand around $97.