Scotiabank Maintains Sector Outperform on Diamondback Energy, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Paul Cheng has maintained a Sector Outperform rating on Diamondback Energy (NASDAQ:FANG) and increased the price target from $180 to $200.
February 13, 2024 | 2:40 pm
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Scotiabank has reaffirmed its Sector Outperform rating on Diamondback Energy and raised its price target from $180 to $200.
The upgrade in price target by Scotiabank, a reputable financial institution, signals a strong confidence in Diamondback Energy's market performance and future prospects. This is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
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