Stifel Maintains Buy on Sitio Royalties, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Derrick Whitfield maintains a Buy rating on Sitio Royalties (NYSE:STR) and lowers the price target from $33 to $32.
May 22, 2023 | 11:23 am
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Stifel analyst maintains Buy rating on Sitio Royalties (NYSE:STR) but lowers price target from $33 to $32.
The news directly mentions Sitio Royalties (NYSE:STR) and the lowered price target by Stifel analyst Derrick Whitfield. While the Buy rating is maintained, the lowered price target may have a neutral impact on the stock price in the short term as it indicates a slight decrease in the expected value of the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100