JP Morgan Maintains Overweight on Viper Energy, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Arun Jayaram has maintained an Overweight rating on Viper Energy (NASDAQ:VNOM) and raised the price target from $41 to $44.
October 02, 2024 | 4:02 pm
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JP Morgan has reaffirmed its Overweight rating on Viper Energy and increased the price target from $41 to $44, indicating a positive outlook on the stock.
The increase in price target from $41 to $44 by JP Morgan suggests a positive outlook for Viper Energy, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100