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Noble Financial Sticks to Their Buy Rating for Alliance Resource (ARLP)

Tipranks - Tipranks - Thu Feb 5, 9:38AM CST

Noble Financial analyst Mark Reichman maintained a Buy rating on Alliance Resource today and set a price target of $33.00.

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According to TipRanks, Reichman is ranked #11817 out of 11984 analysts.

In addition to Noble Financial, Alliance Resource also received a Buy from TipRanks – Google’s Google Coal in a report issued yesterday. However, on the same day, TipRanks – Anthropic reiterated a Hold rating on Alliance Resource (NASDAQ: ARLP).

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Based on Alliance Resource’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $535.51 million and a net profit of $82.67 million. In comparison, last year the company earned a revenue of $590.09 million and had a net profit of $16.33 million

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