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Fording Canadian Coal Trust “neutral,” target price raised
Analyst R Profiti of Credit Suisse maintains his “neutral” rating on Fording Canadian Coal Trust (FDG.UN.TOR), while raising his estimates for the company. The 12-month target price has been raised from C$23 to C$34.
In a research note published this morning, the analyst mentions that the benchmark hard-coking coal price estimates for FY07 and FY08 have [...]
