BMO Upgrades Patriot Coal to Market Perform, Raises PT to $26

BMO upgraded its rating on Patriot Coal PCX to Market Perform. At the same time, the rating agency raised its price target on the company's stock to $26. On Thursday, PCX lost 3.23% of its value to finish the day at $21.84. Its shares regained some of yesterday's losses in today's pre-market trading, rising 0.64% to $21.98.