Mizuho Maintains Neutral on Vital Energy, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst William Janela maintains a Neutral rating on Vital Energy (NYSE:VTLE) and lowers the price target from $55 to $42.
September 16, 2024 | 1:58 pm
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Mizuho analyst William Janela has maintained a Neutral rating on Vital Energy and reduced the price target from $55 to $42, indicating a less optimistic outlook.
The reduction in price target from $55 to $42 by Mizuho suggests a less favorable outlook for Vital Energy, which could lead to a negative short-term impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the lowered target reflects potential challenges or lower expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100