Truist Securities Maintains Buy on Vital Energy, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann maintains a Buy rating on Vital Energy (NYSE:VTLE) but lowers the price target from $75 to $68.
July 22, 2024 | 4:20 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Vital Energy but lowers the price target from $75 to $68, indicating a positive outlook with some caution.
The maintained Buy rating suggests continued confidence in Vital Energy's performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100