Roth MKM analyst John White raised the firm’s price target on Vitesse Energy (VTS) to $30.50 from $27.75 and keeps a Buy rating on the shares ahead of its Q4 results. The firm is adjusting its estimates as its 2025 forecast for Henry Hub natural gas prices moves higher, from $3.25/MMBtu to $3.60/MMBtu, and its 2025 production estimate for the company also moves higher, from 12,505 BOE per day to 13,246 BOE per day, the analyst tells investors in a research note.
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Read More on VTS:
- Vitesse Energy price target raised to $29 from $26 at Alliance Global Partners
- Vitesse Energy price target raised to $31, coverage transferred at Northland
- Vitesse Energy upgraded to Buy from Neutral at Alliance Global Partners
- Vitesse Energy Expands with Lucero Acquisition and Credit Update
- Vitesse Energy to acquire Lucero Energy for $222M
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