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Piper Sandler Keeps Their Hold Rating on Black Stone Minerals (BSM)

Tipranks - Tipranks - Fri Mar 6, 7:02AM CST

In a report released today, Mark Lear from Piper Sandler maintained a Hold rating on Black Stone Minerals, with a price target of $14.00.

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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 5.1% and a 57.45% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Black Stone Minerals with a $14.00 average price target.

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Based on Black Stone Minerals’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $95.18 million and a net profit of $72.23 million. In comparison, last year the company earned a revenue of $104.29 million and had a net profit of $46.35 million

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