Stifel Maintains Buy Rating for Viper Energy Partners: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Stifel has maintained its Buy rating for Viper Energy Partners (NASDAQ:VNOM) and increased its price target from $32.00 to $33.00. Despite this, shares of Viper Energy Partners have traded down 0.8% over the last 24 hours. A move to $33.00 would represent a 15.3% increase from the current share price.
September 07, 2023 | 5:00 pm
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Stifel has maintained its Buy rating for Viper Energy Partners and raised its price target, indicating a positive outlook for the company. However, the stock has traded down 0.8% in the last 24 hours.
The maintained Buy rating and increased price target by Stifel indicates a positive outlook for Viper Energy Partners. This could potentially attract investors, driving the stock price up. However, the recent 0.8% drop in the stock's trading price may indicate market factors or investor sentiment not fully aligned with Stifel's outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100