RBC Capital Maintains Outperform on Diamondback Energy, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Hanold maintains an Outperform rating on Diamondback Energy (NASDAQ:FANG) and raises the price target from $195 to $220.
May 06, 2024 | 4:45 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
RBC Capital analyst Scott Hanold has maintained an Outperform rating on Diamondback Energy and increased the price target from $195 to $220.
The upgrade in the price target by RBC Capital reflects a positive outlook on Diamondback Energy's stock, suggesting potential upside. This is likely to be viewed favorably by investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100