Citigroup Initiates Coverage On Vital Energy with Buy Rating, Announces Price Target of $60
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Diamond has initiated coverage on Vital Energy (NYSE:VTLE) with a Buy rating and set a price target of $60.
November 20, 2023 | 1:32 pm
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Citigroup has initiated coverage on Vital Energy with a Buy rating and a price target of $60, indicating a positive outlook for the stock.
Analyst coverage, especially with a Buy rating, can lead to increased investor interest and confidence in the stock, potentially driving up its price in the short term. The price target of $60 suggests a significant upside from the current trading level, assuming the stock is below that target.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100