Alpha Metallurgical Resources: Still Undervalued, Reiterate Strong Buy Rating

I still rate Alpha Metallurgical Resources (NYSE: AMR ) as a strong buy, with a price target of $348.44 due to the undervalued stock price that is occurring because of macro factors outside of management’s control.Analyst’s Disclosure: I/we have a beneficial long position in the shares of AMR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business r ...