Vital Energy price target lowered to $27 from $33 at BofA

BofA analyst Noah Hungness lowered the firm’s price target on Vital Energy (VTLE) to $27 from $33 and keeps an Underperform rating on the shares. The firm updated targets and EPS estimates across its oil and gas coverage for Q4 results and mark-to-market for Q1 results, telling investors that it believes strong gas realizations will be a theme for all names in the upcoming quarter.

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

Disclaimer & DisclosureReport an Issue