Raymond James double downgraded Kimbell Royalty Partners (KRP) to Market Perform from Strong Buy without a price target The firm sees some near-term headwinds from the company’s series A redemptions and more attractive yield opportunities elsewhere in the sector. The analyst’s updated 2025 distribution “fell meaningfully” for Kimbell due to a combination of weaker production outlook and lower commodity strip.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KRP: