Wednesday, July 13, 2011

Ratings on Arch Coal (ACI) (CLNE) (MT) (WM) (PG) Changed by Analysts

Ratings on Arch Coal, Inc. (NYSE: ACI), Clean Energy Fuels Corp. (NASDAQ: CLNE), ArcelorMittal (NYSE: MT), Waste Management Inc (NYSE: WM) and Procter & Gamble (NYSE: PG) adjusted by analysts.

RBC Capital upgraded Arch Coal, Inc. (ACI) from a “sector perform” rating to an “outperform” rating.

Northland Securities upgraded Clean Energy Fuels Corp. (CLNE) from a “market perform” rating to an “outperform” rating.

Societe Generale upgraded ArcelorMittal (MT) from a “hold” rating to a “buy” rating.

Wedbush downgraded Waste Management Inc (WM) from a “neutral” rating to an “underperform” rating. They also cut their price target from $40.00 to $34.00 a share.

Jefferies (NYSE:JEF) downgraded Procter & Gamble (PG) from a “buy” rating to a “hold” rating.

Procter & Gamble closed Tuesday at $64.53, falling $0.19, or 0.29 percent. Waste Management closed at $36.63, down $0.52, or 1.40 percent. ArcelorMittal ended the session at $32.58, dropping $0.31, or 0.94 percent. Clean Energy Fuels Corp. closed at $15.08, gaining $1.96, or 14.94 percent. Arch Coal closed at $25.39, losing $0.05, or 0.20 percent.

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