SunCoke Energy, Inc. (NYSE:SXC) is named among the 13 Most Promising Long-Term Stocks to Buy According to Hedge Funds. B. Riley recently lowered its price target on SXC to $9 from $10 after Q4 earnings missed expectations. CEO Katherine Gates announced a leadership transition, emphasizing safety performance and financial discipline. SXC reported consolidated adjusted EBITDA of $219.2 million for the full year. Domestic Coke segment faced challenges due to changes in sales mix and contract breaches. SunCoke Energy supplies coke to domestic and international markets through three main segments: Domestic Coke, Brazil Coke, and Logistics.
Read more at Yahoo Finance: B. Riley Trims SunCoke Energy (SXC) Price Outlook Following Earnings Miss
