Raymond James Maintains Strong Buy Rating for Brigham Minerals: Here's What You Need To Know


Raymond James has decided to maintain its Strong Buy rating of Brigham Minerals MNRL and lower its price target from $44.00 to $41.00.

Shares of Brigham Minerals are trading down 1.26% over the last 24 hours, at $24.33 per share.

A move to $41.00 would account for a 68.52% increase from the current share price.

About Brigham Minerals

Brigham Minerals Inc is a mineral acquisition company focused on acquiring oil and gas mineral rights in the United States. Its portfolio is comprised of mineral and royalty interests in the continental United States, including the Permian Basin in Texas and New Mexico, the SCOOP and STACK plays in the Anadarko Basin of Oklahoma, the Denver-Julesburg Basin in Colorado and Wyoming and the Williston Basin in North Dakota.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: Analyst RatingsBZI-AAR-UPDATE
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