Raymond James Maintains Strong Buy on TXO Partners, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst John Freeman has maintained a Strong Buy rating on TXO Partners (NYSE:TXO) but reduced the price target from $30 to $26.

January 24, 2024 | 8:16 pm
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Raymond James analyst John Freeman maintains a Strong Buy on TXO Partners but lowers the price target from $30 to $26.
While the reduction in price target could be seen as a negative signal, the maintenance of a Strong Buy rating suggests that the analyst still sees significant upside potential in TXO Partners. The mixed message may lead to a neutral short-term impact on the stock price as investors weigh the lower price target against the continued strong buy recommendation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100