B. Riley Securities Maintains Buy on Alpha Metallurgical, Raises Price Target to $375
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Lucas Pipes maintains a Buy rating on Alpha Metallurgical (NYSE:AMR) and raises the price target from $374 to $375.
May 07, 2024 | 4:48 pm
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B. Riley Securities maintains a Buy rating on Alpha Metallurgical and raises the price target to $375.
The increase in the price target by B. Riley Securities suggests a positive outlook on Alpha Metallurgical's stock, likely due to strong fundamentals or market position. This adjustment, although minimal, indicates continued confidence in the company's performance and potential for growth, which could positively influence investor sentiment and the stock's short-term price movement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100