B. Riley keeps Warrior Met Coal at Buy and trims price target to $122
B. Riley Securities maintained its Buy rating on Warrior Met Coal shares and cut the price target to $122 a share from $123.
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what happened
Analysts at B. Riley Securities kept their Buy rating on Warrior Met Coal shares but lowered the price target by one dollar, to $122 a share from the previous $123. Dow Jones Newswires reported the change, citing ratings data from Benzinga, with the timestamp 14:34 GMT.
The revision is small and reflects the view of a single brokerage. The report does not explain the reasoning behind the decision or give any forecasts for the company's financial results.
why it matters
Warrior Met Coal produces metallurgical coal, so its share price tends to track prices for coking coal and demand from the steel industry. A one-dollar cut to the target has little direct effect on the market, but such revisions help investors gauge how brokerage analysts view the sector.
tags
instruments
sources
- Gentex Is Maintained at Buy by B. Riley Securities — Dow Jones Newswires, 26 October 2026 at 14:32 UTC
- Warrior Met Coal Is Maintained at Buy by B. Riley Securities — Dow Jones Newswires, 26 October 2026 at 14:34 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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