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.

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