Stifel analyst Derrick Whitfield lowered the firm’s price target on Vital Energy to $108 from $133 and keeps a Buy rating on the shares. The firm has updated estimates for reported annual results and updated guidance for several companies it covers in Americas oil and gas exploration and production.
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Published first on TheFly
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Read More on VTLE:
- Vital Energy price target raised to $53 from $49 at Mizuho
- Vital Energy raises 2023 production 76-80 MBOE/d from 72-76 MBOE/d
- Vital Energy reports Q1 production averaging 80.2K MBOE/d
- Vital Energy Provides Select Preliminary First-Quarter 2023 Results and Increases Expectations for Full-Year 2023 Production
- Vital Energy price target lowered to $61 from $68 at Raymond James