Truist Securities Maintains Buy on Diamondback Energy, Lowers Price Target to $182
Portfolio Pulse from jenniferd'souza@benzinga.com
Truist Securities analyst Neal Dingmann has maintained a 'Buy' rating on Diamondback Energy (NASDAQ:FANG), but lowered the price target from $186 to $182.
July 24, 2023 | 3:51 pm
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NEUTRAL IMPACT
Diamondback Energy's price target has been lowered from $186 to $182 by Truist Securities, though the 'Buy' rating is maintained.
The news is directly related to Diamondback Energy and is likely to influence investor sentiment. The lowering of the price target might suggest a slightly less optimistic outlook, but the maintained 'Buy' rating indicates that the analyst still sees potential in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100