Stifel Maintains Buy on Diamondback Energy, Lowers Price Target to $176
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Derrick Whitfield maintains a Buy rating on Diamondback Energy (NASDAQ:FANG) and lowers the price target from $180 to $176.
May 22, 2023 | 11:18 am
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Stifel maintains a Buy rating on Diamondback Energy (NASDAQ:FANG) and lowers the price target from $180 to $176.
The news of Stifel maintaining a Buy rating on Diamondback Energy is positive for the stock, indicating that the analyst still believes in the company's potential. However, the lowering of the price target from $180 to $176 may create some uncertainty among investors, potentially offsetting the positive sentiment. As a result, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100