Think the below upgrade from ms on Peabody was behind the bounce...

Think the below upgrade from ms on Peabody was behind the bounce in the us coal stocks last night.
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From seeking alpha---


Morgan Stanley eyes coal bottom, Peabody Energy seen best way to play
May 12 2014, 12:49 ET
Morgan Stanley analysts are calling a bottom in coal mining stocks (KOL +2.5%), seeing a recovery in the thermal coal market pulled forward by the recent polar vortex and extreme cold; inventories have been falling rapidly, and the firm believes thermal coal prices will continue to rise.Peabody Energy (BTU +2.6%) is viewed as the best way to play the "modest recovery," believing it offers the least downside risk and little value has been assigned to its met portfolio; BTU also has large exposure to preferred thermal coal basins and boasts potential for increased capital return as market conditions improve.The report is a big boost to coal shares today: ANR +6.5%, WLT +4.5%, ACI +4.7%, CLD +1.4%.