Stifel Maintains Buy on TXO Partners, Lowers Price Target to $26
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 $27 to $26.
January 23, 2024 | 7:51 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Stifel analyst Derrick Whitfield maintains a Buy rating on TXO Partners but lowers the price target from $27 to $26.
The reduction in price target by Stifel could have a mixed impact on TXO Partners' stock price. On one hand, the maintenance of a Buy rating suggests a positive outlook on the company's fundamentals and future performance. On the other hand, the decrease in the price target may signal a tempered expectation for the stock's growth potential. Investors may perceive the lowered price target as a sign of caution, potentially leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100