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Piper Sandler Keeps Their Hold Rating on Black Stone Minerals (BSM)
In a report released today, Mark Lear from Piper Sandler maintained a Hold rating on Black Stone Minerals, with a price target of $13.00.
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Lear covers the Energy sector, focusing on stocks such as Devon Energy, Coterra Energy, and Occidental Petroleum. According to TipRanks, Lear has an average return of 5.0% and a 57.39% success rate on recommended stocks.
Black Stone Minerals has an analyst consensus of Hold, with a price target consensus of $13.00.
Based on Black Stone Minerals’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $77.9 million and a net profit of $91.73 million. In comparison, last year the company earned a revenue of $103.18 million and had a net profit of $92.73 million
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