Truist Securities Maintains Buy on Kimbell Royalty Partners, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Kimbell Royalty Partners but lowered the price target from $23 to $21.
September 30, 2024 | 2:35 pm
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NEUTRAL IMPACT
Truist Securities has maintained a Buy rating on Kimbell Royalty Partners but lowered the price target from $23 to $21, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in KRP's performance, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100