tiprankstipranks
Advertisement
Advertisement

Viper Energy initiated with an Overweight at Morgan Stanley

Morgan Stanley initiated coverage of Viper Energy (VNOM) with an Overweight rating and $46 price target offering 22% upside. The shares trade at a similar 2026 free cash flow and shareholder return yield to its oil and exploration peers but offers above-average growth, the analyst tells investors in a research note. The firm says Viper has zero drilling and completion capex needs.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1