Piper Sandler Maintains Overweight on Sitio Royalties, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear maintains an Overweight rating on Sitio Royalties (NYSE:STR) but lowers the price target from $30 to $28.
May 18, 2023 | 1:02 pm
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NEUTRAL IMPACT
Piper Sandler maintains an Overweight rating on Sitio Royalties (NYSE:STR) and lowers the price target from $30 to $28.
The news of Piper Sandler maintaining an Overweight rating on Sitio Royalties indicates a positive outlook for the stock. However, the lowering of the price target from $30 to $28 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100