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Alpha Metallurgical price target lowered to $181 from $183 at B. Riley

B. Riley analyst Nick Giles lowered the firm’s price target on Alpha Metallurgical (AMR) to $181 from $183 and keeps a Buy rating on the shares. The firm updated estimates following the company’s Q1 miss. The analyst views Alpha’s guidance revisions as “highly prudent, given persistent weakness in met markets.”

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