Hallador Energy price target raised to $34 from $29 at Northland

Northland analyst Jeff Grampp raised the firm’s price target on Hallador Energy (HNRG) to $34 from $29 and keeps an Outperform rating on the shares after the company announced the sale of substantially all its remaining capacity through the summer of 2028 at pricing that is about double its current contract book. The firm sees this as “potentially just part 1 of an additional 1-2 deals with some potential customers looking for 10+ year deals,” the analyst tells investors.