Alliance Global Partners lowered the firm’s price target on Vitesse Energy (VTS) to $26 from $29 and keeps a Buy rating on the shares. The company reported Q4 results that missed estimates on production, the analyst tells investors in a research note. The firm cut the price target on its reduced 2026 estimates.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VTS:
- Vitesse Energy Reports 2024 Results and Dividend Increase
- Vitesse Energy, Inc.: Strategic Positioning and Financial Outlook Justify Buy Rating
- Vitesse Energy Increases Dividend After Lucero Acquisition
- Vitesse Energy Completes Acquisition of Lucero Energy
- Vitesse Energy reports FY24 EPS 64c vs (73c) last year