UBS raised the firm’s price target on Warrior Met Coal (HCC) to $80 from $75 and keeps a Neutral rating on the shares. Warrior has outperformed peers and the met coal prices by more than 20% in the past month after a strong Q3 and continued operational performance, the analyst tells investors in a research note. UBS views Blue Creek as fully de-risked.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HCC:
- White House exempts certain requirements of Coke Oven Rule
- Warrior Met Coal’s Earnings Call: Strong Growth Amid Market Challenges
- Warrior Met Coal price target raised to $100 from $83 at B. Riley
- Warrior Met Coal price target raised to $75 from $68 at UBS
- Warrior Met Coal price target raised to $72 from $65 at BMO Capital
