Wells Fargo Maintains Equal-Weight on Vital Energy, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Hanwen Chang has maintained an Equal-Weight rating on Vital Energy (VTLE) and increased the price target from $51 to $57.
April 18, 2024 | 12:55 pm
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Wells Fargo has maintained an Equal-Weight rating on Vital Energy and raised the price target from $51 to $57.
The increase in price target by Wells Fargo suggests a positive outlook on Vital Energy's stock, indicating an expectation of upward movement in the stock price. This adjustment reflects the analyst's confidence in the company's future performance, potentially leading to increased investor interest and a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100