Stifel Maintains Buy on TXO Partners, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Derrick Whitfield has maintained a Buy rating on TXO Partners (NYSE:TXO) but has reduced the price target from $28 to $27.
November 20, 2023 | 2:47 pm
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NEUTRAL IMPACT
Stifel analyst Derrick Whitfield maintains a Buy rating on TXO Partners but lowers the price target from $28 to $27.
The reduction in price target by Stifel could have a mixed impact on TXO Partners' stock price. While the Buy rating reaffirms a positive outlook, the lowered price target may signal a tempered expectation for the stock's growth potential. Investors may react cautiously to the new price target, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100