Information Provided By: 
Fly News Breaks for December 4, 2017
HCC
Dec 4, 2017 | 09:16 EDT
As reported earlier, RBC Capital analyst Sam Crittenden downgraded Warrior Met Coal to Sector Perform from Outperform and lowered his price target to $25 from $27. Crittenden says the stock price has run up 76% since the April IPO and now encounters potential near term headwinds of possible lower Q4 production based on the execution risk of three long wall moves in the quarter. Longer term, the analyst says the company "remains a great way to gain met coal exposure with high quality assets and production growth".
News For HCC From the Last 2 Days
HCC
Apr 17, 2024 | 16:41 EDT
Citi downgraded Arch Resources (ARCH) to Neutral from Buy with a price target of $170, down from $185. The stock is currently trading at an 11% free cash flow yield on $250 per ton hard coking coal, which represents fair value. The firm now sees equal upside and downside risks. Its preference for met coal exposure is Warrior Met Coal (HCC), which it notes is trading at a 17% yield post Blue Creek, which will start to be delivered in 2024.
