Bloomberg Bukit Asam Price Target Lowered at Morgan Stanley on Earnings

March 13 (Bloomberg) -- PT Tambang Batubara Bukit Asam, which holds a quarter of Indonesia’s coal reserves, had its price target cut 9.5 percent to 8,600 rupiah at Morgan Stanley following lower-than-expected 2008 earnings. Morgan Stanley kept the stock’s rating at “overweight.”

For Related News and Information:
Bukit Asam’s financial analysis: PTBA IJ FA
Stock index one-year price graph: JCI GP