Piper Sandler Maintains Neutral on Black Stone Minerals, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear has maintained a Neutral rating on Black Stone Minerals (NYSE:BSM) but has reduced the price target from $17 to $16.
January 24, 2024 | 1:39 pm
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NEGATIVE IMPACT
Piper Sandler has maintained a Neutral rating on Black Stone Minerals but lowered the price target from $17 to $16.
The reduction in price target by Piper Sandler suggests a less optimistic valuation of Black Stone Minerals, which could lead to a negative perception among investors and potentially a decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100