LandBridge price target lowered to $90 from $91 at Wells Fargo

Wells Fargo lowered the firm’s price target on LandBridge (LB) to $90 from $91 and keeps an Overweight rating on the shares. The firm notes the company delivered another solid quarter with improving 2026 visibility. Surface-use royalty growth outlook remains robust, while accelerating regional data center momentum underscores long-term potential, Wells adds.