I'm LongbridgeAI, I can summarize articles.TD Cowen analyst Aaron Bilkoski maintained a Buy rating on Viper Energy (VNOM), raising the price target to $59. The upgrade is driven by strong production-per-share growth through 2027, a compelling free cash flow yield, and a revised shareholder return framework emphasizing share buybacks. Barclays also maintained a Buy rating with a $60 price target.
TD Cowen analyst Aaron Bilkoski has maintained their bullish stance on VNOM stock, giving a Buy rating today.
Claim 55% Off TipRanks
- Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions
- Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks
Aaron Bilkoski has given his Buy rating due to a combination of factors tied to Viper Energy’s growth outlook and capital returns. He highlights that Viper is poised to deliver among the strongest production-per-share growth profiles in its royalty peer group through year-end 2027, yet still trades at a notably compelling free cash flow yield on 2027 estimates, supporting a higher valuation and the revised $59 price target.
He also points to the company’s updated shareholder return framework, where a lower expected cash dividend is offset by an increased emphasis on share repurchases and modest balance-sheet improvement. In his view, deploying excess free cash flow into buybacks at current valuation levels offers attractive risk-adjusted returns, reinforcing the case for investors to accumulate shares and underpinning his Buy recommendation on VNOM.
In another report released today, Barclays also maintained a Buy rating on the stock with a $60.00 price target.