B. Riley Securities Maintains Buy on Arch Resources, Lowers Price Target to $188
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained a Buy rating on Arch Resources but lowered the price target from $198 to $188.
September 06, 2024 | 3:11 pm
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NEUTRAL IMPACT
B. Riley Securities has maintained a Buy rating on Arch Resources but lowered the price target from $198 to $188, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Arch Resources, but the lowered price target indicates a slightly less optimistic view on its short-term price potential. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100