Arch Resources upgraded to Buy from Hold at Jefferies

Written by Emily J. Thompson, Senior Investment Analyst

ARCH%

Updated: Jan 05 2025

0mins

Jefferies Upgrade: Jefferies has upgraded Arch Resources from Hold to Buy with a new price target of $150, citing caution regarding the near-term outlook for the metals and mining sector but maintaining a preference for buying "preferred" miners due to recent market weakness.
Future Demand Expectations: The firm anticipates stronger demand for U.S. thermal coal driven by energy shortages, predicting substantial increases in commodity prices and share values for mining companies in 2026 and 2027, along with potential for strong free cash flow generation for Arch Resources.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Arch Resources upgraded to Buy from Hold at Jefferies

About the author

Top News

Oil Firms Cautious on Venezuela Investment Push

GM Reports $7.1 Billion Charge Amid EV Shift

Stock Market Wraps 2025 with Double-Digit Gains

Novo Nordisk's Weight-Loss Pill Approval: Key Impacts

Related Articles

Lucid Group Executes Reverse Stock Split Amidst Capital Strain and Competitive Challenges

Vistra (VST) Signs 20-Year Nuclear Power Agreement with Meta, Strong Growth Potential

Sigh Up to Get Intellectia Insights

How did the company's recent strategic decisions impact its latest financial performance?

Can you explain the factors behind the recent changes in the company's stock price?

What are the expected impacts of current market trends on the company's future growth?

Based on the latest earnings report, what are the company's forecasted revenues for the next quarter?

How does the company's performance compare to its main competitors in the same sector?

People Also Watch