Siebert Williams Shank & Co analyst Gabriele Sorbara maintained a Buy rating on Vital Energy (VTLE – Research Report) today and set a price target of $62.00.
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Gabriele Sorbara has given his Buy rating due to a combination of factors related to Vital Energy’s performance and valuation. Despite the company’s mixed fourth-quarter results and a cautious 2025 outlook, Sorbara maintains a positive stance based on the company’s valuation metrics, which are favorable compared to industry peers.
Vital Energy’s forward-looking strategies, including a reduced capital expenditure budget and a robust core inventory with potential for expansion, contribute to Sorbara’s confidence in the company’s long-term growth prospects. Additionally, the company’s focus on improving its balance sheet and increasing inventory through organic growth and strategic deals further supports the Buy recommendation.
In another report released on February 12, Truist Financial also reiterated a Buy rating on the stock with a $49.00 price target.