Warrior Met Coal price target raised to $91 from $87 at B. Riley

B. Riley raised the firm’s price target on Warrior Met Coal to $91 from $87 and keeps a Buy rating on the shares. The company outperformed in Q1 on both sales volumes and realizations, but costs were modestly higher than modeled, the analyst tells investors in a research note. The firm continues to prefer low-cost players like Warrior, especially as Blue Creek becomes further de-risked.