BMO Capital Maintains Outperform on Arch Resources, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Katja Jancic has maintained an Outperform rating on Arch Resources (NYSE:ARCH) and increased the price target from $170 to $175.
November 17, 2023 | 3:06 pm
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BMO Capital analyst Katja Jancic has reaffirmed Arch Resources' Outperform rating and raised the price target to $175, indicating a positive outlook on the stock.
The increase in price target by BMO Capital suggests a bullish outlook on Arch Resources, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100