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Jefferies Remains a Buy on Core Natural Resources (CNR)

Tipranks - Tipranks - Wed Jan 21, 4:32AM CST

Jefferies analyst Chris LaFemina reiterated a Buy rating on Core Natural Resources yesterday and set a price target of $125.00.

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LaFemina covers the Basic Materials sector, focusing on stocks such as Commercial Metals Company, Cleveland-Cliffs, and Steel Dynamics. According to TipRanks, LaFemina has an average return of 13.9% and a 55.44% success rate on recommended stocks.

Core Natural Resources has an analyst consensus of Strong Buy, with a price target consensus of $118.67.

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Based on Core Natural Resources’ latest earnings release for the quarter ending September 27, the company reported a quarterly revenue of $1 billion and a net profit of $31.6 million. In comparison, last year the company earned a revenue of $549.64 million and had a net profit of $95.63 million

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