Analysts have been eager to weigh in on the Materials sector with new ratings on Arch Resources (ARCH – Research Report), Archer Daniels Midland (ADM – Research Report) and Avery Dennison (AVY – Research Report). Arch Resources (ARCH) BMO Capital analyst David Gagliano assigned a Buy rating to Arch Resources today and set a price target of $200.00. The company's shares closed last Wednesday at $165.64, close to its 52-week high of $175.99. According to TipRanks.com, Gagliano is a 4-star analyst with an average return of 3.5% and a 51.1% success rate.
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