B. Riley lowered the firm’s price target on Warrior Met Coal to $89 from $90 and keeps a Buy rating on the shares. B. Riley believes the investment case for the met coal equities remains compelling due to the likelihood of demand growth to outpace supply, the analyst tells investors in a research note.
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Read More on HCC:
- New Taxation & Government Incentives Risk for Warrior Met Coal – What’s the Latest?
- Warrior Met Coal price target lowered to $90 from $93 at B. Riley
- Warrior Met Coal sees FY24 coal sales 7.4M-8.2M tons
- Warrior Met Coal reports Q4 EPS $2.47, consensus $2.50
- Warrior Met Coal declares special cash dividend of 50c per share
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