Piper Sandler Reaffirms Their Hold Rating on Vital Energy (VTLE)
Piper Sandler analyst Mark Lear maintained a Hold rating on Vital Energy today and set a price target of $25.00.
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According to TipRanks, Lear is a 4-star analyst with an average return of 5.1% and a 54.58% success rate. Lear covers the Energy sector, focusing on stocks such as EOG Resources, Prairie Operating Co, and Chord Energy.
The word on The Street in general, suggests a Hold analyst consensus rating for Vital Energy with a $19.29 average price target.
Based on Vital Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $420.83 million and a GAAP net loss of $353.52 million. In comparison, last year the company earned a revenue of $459.23 million and had a net profit of $215.3 million
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