Warrior Met Coal price target raised to $55 from $50 at BMO Capital

BMO Capital raised the firm’s price target on Warrior Met Coal (HCC) to $55 from $50 and keeps a Market Perform rating on the shares. The firm cites the company’s better than expected Q2 results, with adjusted EBITDA outperformance driven by lower costs, the analyst tells investors in a research note. BMO adds that the 2025 sales and production targets were also increased.