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.”
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMR:
- Alpha Metallurgical Resources Reports Q1 2025 Financial Results
- Alpha Metallurgical Resources Faces Challenges Amid Earnings Call
- Alpha Metallurgical Resources Reports Q1 Loss and Adjustments
- Alpha Metallurgical Resources Highlights Safety Achievements
- Alpha Metallurgical lowers FY25 CapEx view to $130M-$150M from $152M-$182M