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Alliance Global Partners Remains a Buy on Vitesse Energy, Inc. (VTS)

Tipranks - Tipranks - Tue Mar 31, 7:12AM CDT

Alliance Global Partners analyst Poe Fratt maintained a Buy rating on Vitesse Energy, Inc. today and set a price target of $25.00.

End of Quarter Sale - 50% Off TipRanks

Fratt covers the Industrials sector, focusing on stocks such as Genco Shipping, Performance Shipping, and Pangaea Logistics Solutions. According to TipRanks, Fratt has an average return of 35.0% and a 57.04% success rate on recommended stocks.

In addition to Alliance Global Partners, Vitesse Energy, Inc. also received a Buy from TipRanks – PerPlexity’s PerPlexity Oil and Gas Exploration and Production in a report issued on March 27. However, on the same day, TipRanks – OpenAI downgraded Vitesse Energy, Inc. (NYSE: VTS) to a Hold.

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Based on Vitesse Energy, Inc.’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $58.62 million and a GAAP net loss of $739 thousand. In comparison, last year the company earned a revenue of $55.93 million and had a GAAP net loss of $5.13 million

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