B. Riley Securities Maintains Buy on Alpha Metallurgical, Lowers Price Target to $336
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained a Buy rating on Alpha Metallurgical (NYSE:AMR) but has lowered the price target from $374 to $336.

September 06, 2024 | 3:10 pm
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NEUTRAL IMPACT
B. Riley Securities has maintained a Buy rating on Alpha Metallurgical but reduced the price target from $374 to $336, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Alpha Metallurgical's prospects, but the lowered price target indicates a more cautious outlook, possibly due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100