Jefferies Maintains Buy on Ramaco Resources, Raises Price Target to $12.5
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Chris LaFemina maintains a 'Buy' rating on Ramaco Resources (NASDAQ:METC) and raises the price target from $10.5 to $12.5.
October 04, 2023 | 7:28 pm
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Jefferies analyst maintains a 'Buy' rating on Ramaco Resources and raises the price target to $12.5.
The raised price target by Jefferies indicates a positive outlook for Ramaco Resources. This could potentially lead to an increase in the stock price in the short term as it signals confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100