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UPDATE: Wunderlich Securities Initiates Coverage On Viper Energy

Related VNOM
Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Reports Third Quarter 2014 Production
UPDATE: Wunderlich Securities Reiterates On Viper Energy Partners LP On Compelling Valuation

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
Oct 2014BarclaysMaintainsOverweight
Oct 2014Northland SecuritiesUpgradesMarket PerformOutperform
Oct 2014BairdUpgradesNeutralOutperform

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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