 Shares of coal producers took a hit Friday, after Raymond James analyst Lucas Pipes said the companies are likely to be hurt by the carbon reduction initiatives that China has recently announced. Warrior Met Coal Inc.s stock dropped 1.7 in midday trading, adding to Thursdays 6.5 tumble, as Piper downgraded metallurgical coal producer to neutral from buy, and cut his price target to 22 from 28, as Chinese Carbonomics could serve has a modest headwind to coal pricing, as he expects Chinese met coal consumption to decline. 