Group 1: Stock Performance - The share price of Core Natural Resources, Inc. (NYSE:CNR) surged by 12.45% between October 3 and October 10, 2025, making it one of the top-performing energy stocks for the week [1] - Jefferies analyst Christopher LaFemina upgraded CNR from 'Hold' to 'Buy' and raised the price target from $90 to $125, citing a 15% increase in America's thermal coal demand over the past year [3] - UBS analysts also increased their price target for CNR from $89 to $105.5 while maintaining a 'Buy' rating [4] Group 2: Industry Context - Core Natural Resources is recognized as a leading producer and exporter of high-quality, low-cost coals, including metallurgical and high calorific value thermal coals [2] - The White House announced plans to open 13 million acres of federal lands for coal mining and allocated $625 million to expand coal power generation, alongside easing regulations on pollution to extend coal power plants' lifetimes [4] Group 3: Leadership Changes - Core Natural Resources appointed Jimmy Brock, the board chair, as the new Chief Executive Officer [5]
Core Natural Resources (CNR) Gains Amid a Coal Renaissance
Yahoo Finance·2025-10-13 04:42