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Stock impact report

Viper Energy (VNOM) Price Target Raised by $5, ‘Overweight' Rating Maintained [Yahoo! Finance]

Viper Energy, Inc. - Class A (VNOM) 
Last viper energy, inc. - class a earnings: 2/11 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: viperenergy.com/news
Company Research Source: Yahoo! Finance
Viper Energy (VNOM) Price Target Raised by $5, 'Overweight' Rating Maintained Viper Energy, Inc. (NASDAQ:VNOM) is a publicly traded Delaware corporation focused on owning and acquiring mineral and royalty interests, primarily in the Permian Basin. On May 27, Morgan Stanley bumped its price target on Viper Energy, Inc. (NASDAQ:VNOM) from $44 to $49, while maintaining an ‘Overweight' rating on the shares. The revised target indicates an upside of 5% from the current levels. Morgan Stanley highlighted how crude oil, LNG, and refining margins have hit their highest levels since Russia invaded Ukraine back in 2022. The analyst noted that even if the war in Iran de-escalates, it is looking less likely that the price levels will revert to their previous levels anytime soon. As a result, Morgan Stanley updated its price deck, raising its 2026 WTI benchmark by 44%, NGLs by 40%, and cracks by 35%. Moreover, the firm noted that its EBITDA estimates across the North American energy opera Show less Read more
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