Warrior Met Coal price target raised to $67 from $62 at Jefferies

Jefferies raised the firm’s price target on Warrior Met Coal (HCC) to $67 from $62 and keeps a Buy rating on the shares after the company issued a positive update on its Blue Creek project last Friday. While “concerned” about coal market fundamentals, Blue Creek is “a game changer” for Warrior, which continues to be the firm’s top pick in U.S. coal, the analyst tells investors.