B. Riley lowered the firm’s price target on Core Natural Resources (CNR) to $110 from $112 and keeps a Buy rating on the shares. The firm updated estimates for the met coal companies to reflect Q2 actuals and a lowered price deck.
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Read More on CNR:
- Core Natural Resources price target lowered to $78 from $80 at UBS
- Strategic Positioning and Resilience: Core Natural Resources Receives Buy Rating Amid Market Challenges
- Core Natural Resources Updates on Leer South Mine Operations
- Core Natural updates efforts to resume longwall operations at Leer South mine
- Core Natural Resources management to meet virtually with Benchmark
