Raymond James Maintains Outperform on Viper Energy Partners, Lowers Price Target to $35
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst John Freeman has maintained an 'Outperform' rating on Viper Energy Partners (NASDAQ:VNOM) but lowered the price target from $38 to $35.
July 24, 2023 | 2:23 pm
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Viper Energy Partners' price target has been lowered from $38 to $35 by Raymond James, though the 'Outperform' rating is maintained.
The news is directly about Viper Energy Partners. The lowering of the price target might indicate a potential downside, but the maintained 'Outperform' rating suggests that the analyst still sees the company as a good investment. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100