Truist Securities Maintains Buy on Sitio Royalties, Lowers Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann maintains a Buy rating on Sitio Royalties (NYSE:STR) but lowers the price target from $33 to $31.
July 22, 2024 | 4:17 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Truist Securities analyst Neal Dingmann maintains a Buy rating on Sitio Royalties but lowers the price target from $33 to $31.
The maintained Buy rating suggests continued confidence in Sitio Royalties' performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100