RBC Capital Maintains Outperform on Diamondback Energy, Raises Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has maintained its Outperform rating on Diamondback Energy (NASDAQ:FANG) and increased the price target from $180 to $195.
February 15, 2024 | 3:28 pm
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RBC Capital has reaffirmed its Outperform rating on Diamondback Energy and raised its price target to $195 from $180.
The upgrade in the price target by RBC Capital suggests a positive outlook on Diamondback Energy's stock, likely due to strong performance or favorable market conditions. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 90
RELEVANCE 100