B of A Securities Reinstates Underperform on Vital Energy, Announces $46 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Noah Hungness has reinstated an Underperform rating on Vital Energy (NYSE:VTLE) and announced a price target of $46.
June 14, 2024 | 11:58 am
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B of A Securities has reinstated an Underperform rating on Vital Energy with a price target of $46, indicating a bearish outlook.
The reinstatement of an Underperform rating by a major analyst firm like B of A Securities, along with a specific price target, suggests a negative outlook for Vital Energy's stock in the short term. This is likely to influence investor sentiment and could lead to a decline in the stock price.
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