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UPDATE: Wunderlich Securities Initiates Coverage On Viper Energy

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In a research note released Monday, Wunderlich Securities analyst Abhishek Sinha initiated coverage on Viper Energy Partners LP (NASDAQ: VNOM) with a Buy rating and a $41 price target.

The analyst likes the company as its business model differs and has “Unparalleled growth potential in the oil-rich core of northern Midland Basin.”

In addition, the company has multi-year drilling inventory and is said to have more to come.

Shares of the company are down less than one percent.

Latest Ratings for VNOM

DateFirmActionFromTo
Aug 2015Stifel NicolausMaintainsBuy
Jun 2015BarclaysMaintainsOverweight
May 2015Stifel NicolausMaintainsBuy

View More Analyst Ratings for VNOM
View the Latest Analyst Ratings

Posted-In: Abhishek Sinha Wunderlich SecuritiesAnalyst Color Price Target Initiation Analyst Ratings

 

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