Benchmark Maintains Buy on Ramaco Resources, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Nathan Martin has maintained a Buy rating on Ramaco Resources (NASDAQ:METC) and increased the price target from $15 to $20.
December 07, 2023 | 1:41 pm
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Benchmark analyst Nathan Martin reaffirmed a Buy rating on Ramaco Resources and raised the price target to $20, indicating a positive outlook on the stock.
The increase in price target by Benchmark analyst Nathan Martin is a strong positive signal to investors, suggesting a bullish outlook on Ramaco Resources. This could lead to increased investor confidence and a potential short-term rise in the stock price, as market participants often react positively to such analyst upgrades.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100