Piper Sandler Maintains Overweight on Viper Energy Partners, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear maintains an Overweight rating on Viper Energy Partners (NASDAQ:VNOM) but lowers the price target from $36 to $32.
June 13, 2023 | 4:32 pm
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Piper Sandler maintains an Overweight rating on Viper Energy Partners (NASDAQ:VNOM) and lowers the price target from $36 to $32.
The news of Piper Sandler maintaining an Overweight rating on Viper Energy Partners (NASDAQ:VNOM) is positive for the stock. However, the lowering of the price target from $36 to $32 may have a neutralizing effect on the stock price in the short term, as it indicates a reduced growth potential. The overall impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100