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Viper Energy price target raised to $60 from $57 at Barclays

Barclays analyst Betty Jiang raised the firm’s price target on Viper Energy (VNOM) to $60 from $57 and keeps an Overweight rating on the shares. The company sold non-core assets outside of the Permian to accelerate ts debt reduction so it can start increasing cash returns, the analyst tells investors in a research note.

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