BMO Capital Maintains Outperform on Arch Resources, Maintains $180 Price Target
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Katja Jancic has maintained an Outperform rating on Arch Resources (NYSE:ARCH) and kept the price target at $180.
March 27, 2024 | 2:09 pm
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BMO Capital maintains an Outperform rating on Arch Resources with a $180 price target.
The reaffirmation of an Outperform rating and a high price target by a reputable analyst like Katja Jancic suggests a strong confidence in Arch Resources' future performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90