Stifel Maintains Hold on Texas Pacific Land, Lowers Price Target to $1558
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Derrick Whitfield has maintained a Hold rating on Texas Pacific Land (NYSE:TPL) but has reduced the price target from $1613 to $1558.

November 30, 2023 | 8:15 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Stifel analyst Derrick Whitfield maintains a Hold rating on Texas Pacific Land and lowers the price target from $1613 to $1558.
The adjustment in price target by Stifel reflects a slightly more conservative valuation of Texas Pacific Land, which could lead to a neutral short-term impact on the stock price. The Hold rating suggests that the analyst does not see significant upside or downside potential at the moment, and the reduction in price target is relatively small, indicating only a modest change in expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100