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Fly News Breaks for March 13, 2019
HCC
Mar 13, 2019 | 08:38 EDT
Jefferies analyst Christopher LaFemina started Warrior Met Coal with a Buy rating and $35 price target. Warrior is a pure-play, U.S.-based met coal miner with a "clean balance sheet and flexible cost structure," LaFemina tells investors in a research note. He sees the company as well positioned to weather the "inevitable cyclical downturns and return surplus capital to investors during upturns."
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