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.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter