Kimbell Royalty Partners (NYSEKRP) is an energy company that operates in the United States. On Thursday, BayStreet.CA reported that TD Securities had lowered its price objective for the stock from $26.00 to $25.00 in a research report. The firm currently has a "buy" rating on the stock, indicating that they believe it is undervalued and have a positive outlook on its future performance.
TD Securities' target price suggests a potential upside of 62.07% from the stock's previous closing price. This means that if the stock were to reach its target price, it would represent a significant increase in value for investors who hold the stock.
It is important to note that this research report and the price objective are based on TD Securities' analysis of the company and its industry, as well as other factors such as market conditions and economic trends. It is always recommended that investors conduct their own research and consider seeking advice from a financial advisor before making any investment decisions.
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