Keybanc Maintains Overweight on Kimbell Royalty Partners, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Tim Rezvan maintains an Overweight rating on Kimbell Royalty Partners (NYSE:KRP) but lowers the price target from $21 to $20.
October 16, 2024 | 11:48 am
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Keybanc analyst Tim Rezvan maintains an Overweight rating on Kimbell Royalty Partners but lowers the price target from $21 to $20, indicating a slight decrease in expected valuation.
The Overweight rating suggests a positive outlook, but the lowered price target indicates a slight reduction in expected valuation. This mixed signal may result in a neutral short-term impact on the stock price.
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