B. Riley Securities Maintains Buy on Ramaco Resources, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Lucas Pipes maintains a Buy rating on Ramaco Resources (NASDAQ:METC) but lowers the price target from $32 to $25.

March 12, 2024 | 1:46 pm
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B. Riley Securities maintains a Buy rating on Ramaco Resources but lowers the price target from $32 to $25.
While the maintenance of a Buy rating indicates continued confidence in Ramaco Resources' fundamentals and growth potential, the reduction in the price target could reflect adjustments in market conditions or company-specific factors that might slightly temper expectations. This mixed signal could lead to short-term price volatility as investors reassess their valuations.
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