Piper Sandler Maintains Overweight on Diamondback Energy, Raises Price Target to $227
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear maintains an Overweight rating on Diamondback Energy (NASDAQ:FANG) and raises the price target from $222 to $227.
March 07, 2024 | 12:52 pm
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POSITIVE IMPACT
Piper Sandler maintains an Overweight rating on Diamondback Energy and raises the price target from $222 to $227.
The increase in the price target by Piper Sandler suggests a positive outlook on Diamondback Energy's stock, likely due to strong fundamentals or growth prospects. This analyst endorsement can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100