Truist Securities Maintains Buy on Vital Energy, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Vital Energy but lowered the price target from $66 to $48.

September 30, 2024 | 3:17 pm
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Truist Securities has maintained its Buy rating on Vital Energy but lowered the price target from $66 to $48.
The maintenance of a Buy rating suggests continued confidence in Vital Energy's prospects, but the lowered price target indicates a reassessment of its valuation, possibly due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100