B. Riley lowered the firm’s price target on Adams Resources to $45 from $50 and keeps a Buy rating on the shares post the Q3 report. The analyst reduced estimates for both 2023 and 2024 based on lower anticipated transportation volumes.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on AE: