B. Riley Securities Maintains Buy on Arch Resources, Raises Price Target to $198
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained its Buy rating on Arch Resources (NYSE:ARCH) and raised the price target from $192 to $198.
July 29, 2024 | 4:51 pm
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B. Riley Securities has maintained its Buy rating on Arch Resources and increased the price target from $192 to $198, indicating confidence in the company's future performance.
The raised price target and maintained Buy rating from a reputable analyst firm like B. Riley Securities suggest positive sentiment and expected growth for Arch Resources. This is likely to boost investor confidence and drive the stock price up in the short term.
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IMPORTANCE 80
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