Raymond James analyst John Freeman lowered the firm’s price target on Vital Energy (VTLE) to $30 from $44 and keeps an Outperform rating on the shares. The firm updated the company’s estimates post the W4 results and the big pullback in oil prices. Vital’s updated 2025 outlook was mixed, projecting 3% lower capex and oil production relative to the preliminary guidance indicated last quarter, the analyst tells investors in a research note.
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