Warrior Met Coal price target lowered to $87 from $89 at B. Riley

B. Riley analyst Lucas Pipes lowered the firm’s price target on Warrior Met Coal to $87 from $89 and keeps a Buy rating on the shares. The firm, which is updating its models for met names under coverage to reflect Q1 actuals, notes that its Q1 adjusted EBITDA estimates declined 9.5%, on average.