Keybanc Downgrades Vital Energy to Sector Weight
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Tim Rezvan has downgraded Vital Energy (NYSE:VTLE) from Overweight to Sector Weight.
August 16, 2024 | 9:57 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Keybanc analyst Tim Rezvan has downgraded Vital Energy from Overweight to Sector Weight, which may lead to a short-term negative impact on the stock price.
Analyst downgrades often lead to a decrease in stock price as they reflect a less favorable outlook. The downgrade from Overweight to Sector Weight suggests that the analyst no longer sees VTLE outperforming its sector, which could lead to selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100