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Viper Energy price target raised to $60 from $52 at Wells Fargo

Wells Fargo raised the firm’s price target on Viper Energy (VNOM) to $60 from $52 and keeps an Overweight rating on the shares. The firm expects Q1 oil production to land around midpoint of guidance. Wells applies current strip pricing to the balance of its FY26 estimates and assumes $75 Brent / $70 WTI for 2027 and beyond.

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