UPDATE: Dahlman Rose & Co. Initiates Coverage on Alliance Resource Partners

by Benzinga Staff
May 21, 2012 9:32 AM | 29 seconds read | Make a Comment

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According to a research report published this morning, Dahlman Rose & Co. has initiated Alliance Resource Partners (NASDAQ: ARLP) with a Buy rating and $74 PT.In the report, Dahlman Rose & Co. said, "Alliance is one of the largest thermal coal producers in the Illinois Basin and also has operations in Northern Appalachia and Central Appalachia. The company has a highly contracted book, allowing for a more stable earnings profile relative to other coal names, and also making it a stable issuer of a strong, growing distribution."Alliance Resource Partners closed Friday at $56.67.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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