** Citi raises Deterra Royalties DRR.AX price target to A$4.40 from A$4.20; maintains "neutral" rating

** Brokerage says the mining royalty firm's December-quarter revenue was broadly in line

** "Thacker Pass (over which DRR has a royalty) is now aiming to be much larger and with an 85-year mine life enabled by what is now the world's largest lithium reserve" - Citi

** Thacker Pass lithium project in the U.S. state of Nevada is owned by Lithium Americas Corp and DRR has royalty interest in it

** Six of 10 analysts rate the stock "buy" and four "hold"; their median PT is A$4.40 – LSEG data

** Stock up 9.4%, YTD

(Reporting by Sherin Sunny in Bengaluru; Editing by Lisa Shumaker)

((Sherin.Sunny@thomsonreuters.com;))