Hallador Energy venture with Savoy not in shares, says Brean Capital

theflyonthewall.com

Brean Capital believes the Hallador Energy venture with Savoy Energy is still not reflected in its share price. The firm noted the company's Q3 earning miss as well as the company's lowered cost guidance. Brean Capital is maintaining its Buy rating but lowered its price target to $11 from $12.

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