Mar. 13 at 10:45 AM
$LB LandBridge price target raised to
$84 from
$69 at Goldman Sachs
Goldman Sachs analyst John Mackay raised the firm's price target on LandBridge to
$84 from
$69 and keeps a Buy rating on the shares. LandBridge is expected to highlight a strong and repeatable growth outlook at its upcoming Analyst Day, focusing on the stability of EBITDA from its 315k+ surface acres in the Delaware Basin, upside to per-acre revenue metrics, acquisition cadence, and potential data center wins in the powered land market, the analyst tells investors in a research note. Management is likely to reinforce its 20% growth target for 2026 as a sustainable forward trajectory, the firm says.
