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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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
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