Analysts have recently updated their ratings and price targets for Kimbell Royalty Partners (NYSE:KRP), showing a mix of bullish and somewhat bullish sentiments. Over the last three months, there have been 3 bullish and 1 somewhat bullish ratings, with the latest updates in the last 30 days showing 1 somewhat bullish rating. The average 12-month price target for KRP has been adjusted to $21.00, down from $21.33, with a high estimate of $22.00 and a low of $20.00. Key analysts from Keybanc, Truist Securities, and Raymond James have made adjustments to their ratings and price targets, reflecting their views on the company's market conditions and performance. Kimbell Royalty Partners, which owns and acquires mineral and royalty interests in oil and natural gas properties across the U.S., has shown a revenue growth rate of 29.13% as of December 31, 2023, but faces challenges with below-industry average net margin, ROE, and ROA.