Truist Securities Maintains Buy on Viper Energy, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Viper Energy and increased the price target from $54 to $57, indicating a positive outlook for the company's stock.
October 21, 2024 | 3:17 pm
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POSITIVE IMPACT
Truist Securities has reaffirmed its Buy rating on Viper Energy and increased the price target from $54 to $57, suggesting confidence in the company's future performance.
The increase in the price target from $54 to $57 by Truist Securities indicates a positive sentiment towards Viper Energy's future performance. This is likely to boost investor confidence and could lead to a short-term increase in VNOM's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100