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.”
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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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