Form 25 Sitio Royalties Corp.

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Credit Suisse Upgrades Sitio Royalties (STR) to Outperform, New Top Pick

June 15, 2022 3:58 PM EDT

Credit Suisse analyst Chris Baker upgraded Sitio Royalties (NASDAQ: STR) from Neutral to Outperform with a price target of $33.00 (from $32.00).

The analyst comments "Upgrading STR to Outperform. New Top Pick amongst Royalties Attractive relative valuation, differentiated production growth, and better Hooks Ranch visibility. In January, Falcon Minerals (FLMN) and Desert Peak Minerals (Private) announced an all-stock... More