Goldman Sachs Remains a Buy on Viper Energy (VNOM)
In a report released yesterday, Neil Mehta from Goldman Sachs maintained a Buy rating on Viper Energy, with a price target of $54.00.
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According to TipRanks, Mehta is a 5-star analyst with an average return of 9.1% and a 59.17% success rate. Mehta covers the Energy sector, focusing on stocks such as APA, Chevron, and Delek US Holdings.
Viper Energy has an analyst consensus of Strong Buy, with a price target consensus of $51.17.
Based on Viper Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $393 million and a GAAP net loss of $77 million. In comparison, last year the company earned a revenue of $209.41 million and had a net profit of $48.92 million
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- Viper Energy price target lowered to $64 from $68 at Piper Sandler
- Viper Energy price target raised to $51 from $49 at Wells Fargo
- Viper Energy price target raised to $60 from $57 at Barclays
