Citigroup Maintains Neutral on LandBridge, Raises Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Spiro Dounis has maintained a Neutral rating on LandBridge (NYSE:LB) while raising the price target from $31 to $34.
September 12, 2024 | 6:08 pm
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Citigroup has maintained a Neutral rating on LandBridge but increased the price target from $31 to $34, indicating a positive outlook.
The increase in price target from $31 to $34 suggests a positive outlook for LandBridge, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100