UPDATE: Citi Upgrades Viper Energy (VNOM) to Buy

August 21, 2018 5:08 AM EDT
Get Alerts VNOM Hot Sheet
Price: $42.29 +2.47%

Rating Summary:
    33 Buy, 2 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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(Updated - August 21, 2018 5:49 AM EDT)

(updated to add analyst comment)

Citi analyst Atidrip Modak upgraded Viper Energy (NASDAQ: VNOM) from Neutral to Buy with a price target of $42.00 (from $36.00).

The analyst likes the increased production guidance and adjusts his production estimates. Modak believes the company continues to offer investors an attractive opportunity to benefit from improving commodity prices.

For an analyst ratings summary and ratings history on Viper Energy click here. For more ratings news on Viper Energy click here.

Shares of Viper Energy closed at $38.06 yesterday.



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