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Whitehaven Coal upgraded to Buy from Neutral at Goldman Sachs
The Fly

Whitehaven Coal upgraded to Buy from Neutral at Goldman Sachs

Goldman Sachs upgraded Whitehaven Coal (WHITF) to Buy from Neutral with a A$7.90 price target The firm notes Whitehaven reported a stronger-than-expected September quarter production result with Run of Mine coal production 10%/7% above Goldman’s estimates/Visible Alpha Consensus Data, strong met and thermal price realizations, and unit costs tracking towards the bottom-end of FY25 guidance range of A$140-$155/t.

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