KeyBanc analyst Tim Rezvan lowered Viper Energy Inc.’s (NASDAQ:VNOM) price target to $54 from $56, maintaining an Overweight rating due to revised natural gas price forecasts and updated production estimates post-Sitio Royalties Corp. acquisition. All Wall Street analysts rate VNOM as a Buy, with William Blair initiating coverage with a Buy rating on August 25. Neal Dingmann highlighted VNOM’s position as the largest public minerals company. The analyst believes VNOM’s extensive royalty acreage leads to sustained per-share growth and above-industry margins, providing high shareholder returns. Ongoing organic expansion, selective acquisitions, buybacks, and planned noncore asset sales will support VNOM’s earnings growth. VNOM trades at an attractive free cash flow yield and holds a leadership position in acreage and operational quality, warranting a premium valuation compared to peers. Viper Energy Inc. (NASDAQ:VNOM), a Diamondback Energy subsidiary, owns, acquires, and manages mineral and royalty interests in oil and natural gas properties in the Permian Basin. VNOM generates revenue through royalties from production without bearing drilling or operating costs. While VNOM has potential as an investment, certain AI stocks may offer greater upside potential with lower downside risk. Check out the free report on the best short-term AI stock for more information.

Read more at Yahoo Finance: KeyBanc Trims Price Target on Viper Energy (VNOM) to $54, Keeps Overweight