Wolfe Research Reinstates Underperform on Vital Energy
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Doug Leggate has reinstated an Underperform rating on Vital Energy (NYSE:VTLE).
July 18, 2024 | 5:46 pm
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Wolfe Research analyst Doug Leggate has reinstated an Underperform rating on Vital Energy (NYSE:VTLE). This rating suggests that the analyst expects the stock to underperform relative to the market.
An Underperform rating from a reputable analyst can negatively impact investor sentiment and lead to a decline in the stock price as it suggests the stock is expected to perform worse than the market.
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