Keybanc Maintains Overweight on Sitio Royalties, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Tim Rezvan maintains an Overweight rating on Sitio Royalties (NYSE:STR) but lowers the price target from $29 to $27.
August 12, 2024 | 1:29 pm
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Keybanc analyst Tim Rezvan maintains an Overweight rating on Sitio Royalties but lowers the price target from $29 to $27.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100