Janney Montgomery Scott Initiates Coverage On LandBridge with Buy Rating, Announces Price Target of $36
Portfolio Pulse from Benzinga Newsdesk
Janney Montgomery Scott has initiated coverage on LandBridge (NYSE:LB) with a Buy rating and set a price target of $36.
July 25, 2024 | 11:33 am
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POSITIVE IMPACT
Janney Montgomery Scott has initiated coverage on LandBridge with a Buy rating and set a price target of $36. This positive analyst rating and price target could boost investor confidence and potentially drive the stock price up in the short term.
The initiation of coverage with a Buy rating and a specific price target of $36 by a reputable analyst can positively influence investor sentiment. This could lead to increased buying activity and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100