Keybanc Maintains Overweight on Vital Energy, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Tim Rezvan has maintained an Overweight rating on Vital Energy (NYSE:VTLE) but has reduced the price target from $58 to $55.
January 11, 2024 | 4:18 pm
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NEUTRAL IMPACT
Keybanc analyst Tim Rezvan maintains an Overweight rating on VTLE but lowers the price target from $58 to $55, indicating a positive outlook with a slightly reduced growth expectation.
While the Overweight rating suggests that Keybanc continues to see VTLE as a good investment, the reduction in the price target may reflect a minor adjustment in growth expectations or market conditions. This news is likely to have a neutral short-term impact on VTLE's stock price as the positive rating is maintained but the price target is slightly lowered.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100