Analysts Offer Insights on Energy Companies: Viper Energy (VNOM) and Matador Resources (MTDR)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Viper Energy (VNOM) and Matador Resources (MTDR) with bullish sentiments.
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Viper Energy (VNOM)
In a report released today, Devin McDermott from Morgan Stanley maintained a Buy rating on Viper Energy, with a price target of $46.00. The company’s shares closed last Friday at $42.57.
According to TipRanks.com, McDermott is a 5-star analyst with an average return of
Currently, the analyst consensus on Viper Energy is a Strong Buy with an average price target of $57.64.
See the top stocks recommended by analysts >>
Matador Resources (MTDR)
In a report released today, Neal Dingmann from William Blair maintained a Buy rating on Matador Resources. The company’s shares closed last Friday at $49.90.
According to TipRanks.com, Dingmann is ranked 0 out of 5 stars with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Matador Resources with a $70.24 average price target, which is a 41.1% upside from current levels. In a report issued on June 21, Roth MKM also upgraded the stock to Buy with a $65.00 price target.
Read More on VNOM:
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- Viper Energy price target lowered to $46 from $49 at Morgan Stanley
- Best Buy downgrade, Dell upgraded: Wall Street’s top analyst calls
- Viper Energy initiated with an Outperform at RBC Capital
- Viper Energy price target raised to $58 from $54 at Mizuho
- Viper Energy price target raised to $61 from $60 at Raymond James
