RBC Capital Reiterates Outperform on Diamondback Energy, Maintains $195 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Hanold has reiterated an Outperform rating on Diamondback Energy (NASDAQ:FANG), maintaining a price target of $195.

March 04, 2024 | 4:21 pm
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RBC Capital maintains an Outperform rating on Diamondback Energy with a $195 price target.
The reiteration of an Outperform rating by a reputable analyst like Scott Hanold from RBC Capital, along with a high price target of $195, suggests a strong bullish outlook for Diamondback Energy. This endorsement is likely to instill confidence among investors, potentially driving short-term positive momentum in the stock's price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90