Viper Energy price target raised to $55 from $54 at Mizuho

Mizuho raised the firm’s price target on Viper Energy (VNOM) to $55 from $54 and keeps an Outperform rating on the shares. The accretive acquisition of Sitio Royalties (STR) adds high-quality minerals portfolio and further positions Viper as a differentiated name in the energy sector, the analyst tells investors in a research note. The firm believes the deal should continue to attract investor interest in Viper.