Stifel lowered the firm’s price target on Texas Pacific Land to $1,558 from $1,613 and keeps a Hold rating on the shares following quarterly results and updated guidance. The firm believes the company offers a “unique combination of investment themes” and it is “well-positioned” to perform in all stages of a commodity cycle, the analyst tells investors.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
