B. Riley Securities Maintains Buy on Arch Resources, Raises Price Target to $197
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Lucas Pipes maintains a Buy rating on Arch Resources (NYSE:ARCH) and raises the price target from $195 to $197.
September 27, 2023 | 3:54 pm
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POSITIVE IMPACT
B. Riley Securities maintains a Buy rating on Arch Resources and raises the price target from $195 to $197.
The news of B. Riley Securities maintaining a Buy rating on Arch Resources and raising the price target is likely to have a positive impact on the stock. This is because it signals the analyst's confidence in the company's performance and future prospects, which could encourage more investors to buy the stock, potentially driving up its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100