Susquehanna Maintains Positive on Diamondback Energy, Raises Price Target to $245
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril maintains a Positive rating on Diamondback Energy (NASDAQ:FANG) and raises the price target from $212 to $245.
April 22, 2024 | 11:43 am
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POSITIVE IMPACT
Susquehanna maintains a Positive rating on Diamondback Energy and increases the price target to $245.
The upgrade in price target by a reputable analyst firm like Susquehanna signals a strong bullish sentiment towards Diamondback Energy. This is likely to positively influence investor perception and could lead to a short-term increase in the stock price, as market participants often react to analyst ratings and price target adjustments.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100