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KeyBanc Remains a Buy on Texas Pacific Land (TPL)

Tipranks - Tipranks - Tue Feb 24, 4:04AM CST

KeyBanc analyst Tim Rezvan maintained a Buy rating on Texas Pacific Land today and set a price target of $639.00.

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According to TipRanks, Rezvan is an analyst with an average return of -5.3% and a 45.24% success rate. Rezvan covers the Energy sector, focusing on stocks such as SM Energy, Matador Resources, and Texas Pacific Land.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Texas Pacific Land with a $639.00 average price target.

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Based on Texas Pacific Land’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $203.09 million and a net profit of $121.24 million. In comparison, last year the company earned a revenue of $173.56 million and had a net profit of $106.59 million

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