Alpha Natural Resources Hosting Investor Day Today

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.

Alpha Natural Resources, Inc. (NYSE: ANR) will be hosting an investor day today in Pennsylvania, and Jefferies believes that shares will continue to find support as global commodity markets trend higher and better discount Alpha's cash generating ability.Investors are expected to focus on near-term data/trends that support global met and US thermal market trends, according to Jefferies, and managment will likely highlight the benefits of its diversified model that has been enhanced by last year's Foundation acquisition.Financial comfort, capital allocaiton, and further reserve and regional diversity are expected to provide investors with confidence regarding their long-term investment plans, Jefferies writes.Jefferies maintains its Buy rating and $62 price target.Alpha Natural Resources, Inc. closed yesterday at $41.07.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!