Roth MKM analyst John White raised the firm’s price target on Vitesse Energy (VTS) to $33 from $30.50 and keeps a Buy rating on the shares. The firm is adjusting its net asset value model after adding its estimate of proved reserve gained in the Lucero Energy Corp acquisition, the analyst tells investors in a research note.
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Read More on VTS:
- Vitesse Energy Gains Exemptive Relief from Canadian Filing Requirements
- Vitesse Energy resumed with an In Line at Evercore ISI
- Vitesse Energy price target lowered to $27 from $31 at Northland
- Vitesse Energy’s Earnings Call Highlights Growth and Optimism
- Vitesse Energy price target lowered to $26 from $29 at Alliance Global Partners
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