Mizuho Maintains Underperform on Vital Energy, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains an Underperform rating on Vital Energy (NYSE:VTLE) and raises the price target from $49 to $54.
July 13, 2023 | 11:39 am
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Mizuho maintains an Underperform rating on Vital Energy and raises the price target to $54.
The Underperform rating maintained by Mizuho suggests that the analyst expects the stock to do worse than the market average. However, the raised price target from $49 to $54 indicates an expected increase in the stock's value. The negative score is due to the Underperform rating, despite the raised price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100