Piper Sandler Maintains Overweight on Diamondback Energy, Lowers Price Target to $184
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear maintains an Overweight rating on Diamondback Energy (NASDAQ:FANG) but lowers the price target from $202 to $184.

June 13, 2023 | 4:24 pm
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NEUTRAL IMPACT
Piper Sandler maintains an Overweight rating on Diamondback Energy (NASDAQ:FANG) and lowers the price target from $202 to $184.
The news of Piper Sandler maintaining an Overweight rating on Diamondback Energy indicates a positive outlook for the company. However, the lowering of the price target from $202 to $184 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100