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Traders Alert: Wabash National Corporation (NYSE:WNC), Forest Oil Corporation (NYSE:FST), Cloud Peak Energy Inc. (NYSE:CLD)

 
 
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Lakeway, NY -- (SBWIRE) -- 03/18/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Wabash National Corporation (NYSE:WNC) shares climbed 3.73% to $10.84. Equities research analysts at BMO Capital Markets started coverage on shares of WNC in a research note issued to investors on Mar. 11. The firm set an “outperform” rating on the stock.

Additionally, the company, on Feb. 18, announced that Mark Weber, Chief Financial Officer, and Jeff Taylor, Vice President of Finance & Investor Relations, will participate in the 2013 ISI Industrials Conference to be held at The Palace Hotel in New York City on Tuesday, March 5, 2013.

Is WNC a Strong Buy After The Recent Slump? Let’s Find out Here

Forest Oil Corporation (NYSE:FST) shares climbed 3.25% to $6.35. Analysts at Howard Weil lowered their price target on shares of FST from $9.00 to $7.00 in a research report issued to clients and investors on Mar. 4. The firm currently has a “sector perform” rating on the stock.

The company, on Feb. 20, announced financial and operational results for the fourth quarter and full-year 2012 and provided year-end estimated proved reserves. For the three months ended December 31, 2012, Forest reported a net loss of $287 million, or $(2.48) per diluted share. Adjusted net earnings and earnings per share on a diluted basis was $17 million, or $0.14 per diluted share, compared to $20 million, or $0.18 per diluted share, in the corresponding 2011 period.

Is FST a Strong Buying Opportunity After The Recent Slump? Find out Here

Cloud Peak Energy Inc. (NYSE:CLD) shares gained 3.34% to $18.88. CLD’s stock was upgraded by research analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a report released on Mar. 11. The firm currently has a $22.00 target price on the stock, up from their previous target price of $20.00.

Additionally, the company posted its quarterly earnings results on Feb. 13. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.05. The company had revenue of $374.80 million for the quarter, compared to the consensus estimate of $404.25 million.

Should Investors Consider CLD After The Recent price Action? Get Free Trend Analysis Here

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