Goldman Sachs lowered the firm's price target on LandBridge to $84 from $85 and keeps a Buy rating on the shares. The firm is refreshing its model on the stock while citing continued expected tailwinds for per-acre revenue upside as well as significant capital deployment flexibility, the analyst tells investors in a research note. Q1 results disappointed, but this appears largely on timing vs. the firm's model as 2026 EBITDA guidance was moved modestly higher on the back of a more supportive macro environment, the firm added.
