Barclays analyst Theresa Chen lowered the firm’s price target on LandBridge (LB) to $66 from $80 and keeps an Equal Weight rating on the shares ahead of the Q2 report. The firm looks for visible growth across the company’s acreage.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LB:
- LandBridge files to sell 53.92M Class A shares for holders
- LandBridge files automatic mixed securities shelf
- LandBridge Company LLC: Unique Growth Potential and Strategic Positioning Drive Buy Rating
- LandBridge Elects Directors, Ratifies Auditor Appointment
- LandBridge downgraded to Accumulate from Buy at Johnson Rice