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Vitesse Energy price target raised to $33 from $30.50 at Roth MKM

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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