UPDATE: Stifel Reiterates on Peabody Energy as Australian Mine Issues Force 4Q13 Warning

In a report published Friday, Stifel analyst Paul Forward reiterated a Buy rating on Peabody Energy (NYSE: BTU ), but lowered the price target from $27.00 to $26.00. In the report, Stifel noted, “Last night, Peabody Energy announced that issues at two metallurgical coal mines in Australia would result in