Texas Pacific Land Corp (NYSE: TPL) stock closed at $1730.00 on 11/22/24 after a major increase of 14.2%. Moreover, trading volume in this advance was exceptionally high at 627% of normal. The stock has risen 27.1% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Texas Pacific Land has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Texas Pacific Land has a slightly negative Appreciation Score of 31 but a very high Power Rating of 93, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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