ANGLO AMERICAN (AAUKY $26.02, Rated OVERWEIGHT; Price Target REMAINS at $37); FIRST QUARTER PRODUCTION SHORTFALLS OFFSET WITH HIGHER PRICES, BUT COSTS A WORRY; GROSVENOR MET COAL PROJECT INCLUDED INTO OUR MODELS; ASSET DIVESTITURE PROGRAM UPDATE 4/29/2011
ANGLO AMERICAN (AAUKY $26.02, Rated OVERWEIGHT; Price Target
REMAINS at $37); FIRST QUARTER PRODUCTION SHORTFALLS OFFSET WITH
HIGHER PRICES, BUT COSTS A WORRY; GROSVENOR MET COAL PROJECT
INCLUDED INTO OUR MODELS; ASSET DIVESTITURE PROGRAM UPDATE 4/29/2011