tiprankstipranks
Trending News
More News >

Vital Energy price target lowered to $9 from $27 at BofA

BofA lowered the firm’s price target on Vital Energy (VTLE) to $9 from $27 and keeps an Underperform rating on the shares. Following the lead set by the firm’s commodity research team, the analyst lowered the Q2-Q4 2025 WTI oil deck to $57 per barrel from $64.50, noting that the firm’s house view anticipates the biggest negative impact on oil prices in Q2. Lower oil prices reduce valuations across the analyst’s coverage by an average of 25%, the firm noted.

Elevate Your Investing Strategy:

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

Disclaimer & DisclosureReport an Issue

1