Baird analyst Ben Kallo lowered the firm’s price target on Ramaco Resources (METC) to $43 from $63 and keeps an Outperform rating on the shares. The firm updated its model following Q3 results which was highlighted by rare earth developments.
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Read More on METC:
- Ramaco Resources Faces Challenges Amid Industry Consolidation in Rare Earths
- Ramaco Resources: Transitioning to Dual-Platform Operations
- Ramaco Resources downgraded to Hold from Buy at Jefferies
- Ramaco Resources downgraded to Hold at Jefferies rare earth concerns
- Ramaco Resources reports Q3 EPS (25c), consensus (30c)
