Stifel Maintains Buy on Black Stone Minerals, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Derrick Whitfield has maintained a Buy rating on Black Stone Minerals (NYSE:BSM) but has reduced the price target from $21 to $20.
January 23, 2024 | 5:17 pm
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Stifel maintains a Buy rating on Black Stone Minerals but lowers the price target from $21 to $20.
The reduction in price target by Stifel could have a mixed impact on Black Stone Minerals' 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 to the new price target, but the reaffirmation of the Buy rating could balance out any negative sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100