Analyst Expectations for Diamondback Energy's Future
Portfolio Pulse from Benzinga Insights
Diamondback Energy (NASDAQ:FANG) has received positive analyst ratings in the last quarter, with 15 out of 16 analysts being bullish or somewhat bullish and an average price target of $188.0, indicating a potential upside from the current price of $153.01. The average price target has increased by 3.83% from the previous target of $181.07.
November 27, 2023 | 6:00 pm
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POSITIVE IMPACT
Diamondback Energy has a strong positive outlook from analysts, with a significant potential upside based on the average price target of $188.0 compared to its current price.
The overwhelmingly positive analyst ratings and the increased average price target suggest that analysts expect Diamondback Energy's stock to perform well in the short term. This optimism is likely to influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100