Evercore ISI Group Maintains Outperform on Diamondback Energy, Raises Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Stephen Richardson maintains an Outperform rating on Diamondback Energy (NASDAQ:FANG) and raises the price target from $185 to $215.
March 25, 2024 | 12:50 pm
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Evercore ISI Group raises Diamondback Energy's price target from $185 to $215, maintaining an Outperform rating.
The increase in price target by a reputable analyst group like Evercore ISI, along with the maintenance of an Outperform rating, signals strong confidence in Diamondback Energy's future performance. This is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100