Research Analysts’ Weekly Ratings Changes for Hallador Energy (HNRG)

Several analysts have recently updated their ratings and price targets for Hallador Energy (NASDAQ: HNRG):

• 3/24/2026 – Hallador Energy is now covered by Jefferies Financial Group Inc.. They set a “hold” rating and a $17.50 price target on the stock.
• 3/22/2026 – Hallador Energy was downgraded by Wall Street Zen from “hold” to “sell”.
• 3/14/2026 – Hallador Energy was downgraded by Wall Street Zen from “buy” to “hold”.
• 3/13/2026 – Hallador Energy was upgraded by B. Riley Financial, Inc. from “neutral” to “buy”. They now have a $27.00 price target on the stock, up from $23.00.

Hallador Energy Company is a coal producer and mine operator trading on NASDAQ under the symbol HNRG. The company’s primary business activities center on the production and sale of bituminous thermal coal. Hallador’s operations encompass two surface mines: the Shoal Creek Mine located in southwestern Indiana and the Bull Mountain Mine situated in eastern Montana. Both sites are designed to extract high-quality coal reserves for the power generation market.

Hallador Energy markets its coal primarily to electric utilities and industrial customers across the United States.