Baird lowered the firm’s price target on Ramaco Resources (METC) to $30 from $40 and keeps an Outperform rating on the shares. The firm updated its model following Q4 results which suggested a strategic pivot with an aim to improve resource recovered and PFS.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on METC:
- Ramaco Resources price target lowered to $14 from $16 at Goldman Sachs
- Ramaco Resources price target lowered to $30 from $44 at Northland
- Ramaco Resources Declares Class B Stock Dividend, Advances Minerals
- Ramaco Resources sees Q1 shipments 800,000-950,000 tons
- Ramaco Resources sees FY26 sales volumes 4.1M-4.5M tons