Morgan Stanley Maintains Overweight on Diamondback Energy, Raises Price Target to $186
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Devin McDermott has maintained an Overweight rating on Diamondback Energy (NASDAQ:FANG) and increased the price target from $177 to $186.
March 28, 2024 | 6:50 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morgan Stanley has reaffirmed its Overweight rating on Diamondback Energy and raised the price target from $177 to $186.
The increase in the price target by a reputable analyst firm like Morgan Stanley typically signals a positive outlook on the stock's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100