Breaking Down Diamondback Energy: 19 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Diamondback Energy (NASDAQ:FANG) has received mixed ratings from 19 analysts, with a majority being somewhat bullish. The average 12-month price target is $224.26, reflecting a 7.85% increase from the previous target. Analysts have adjusted their ratings and price targets based on recent company performance and market conditions.
June 06, 2024 | 12:01 pm
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POSITIVE IMPACT
Diamondback Energy has received a mix of bullish and somewhat bullish ratings from analysts, with an average 12-month price target of $224.26, indicating a positive outlook. The company's strong financial performance and recent revenue growth support these ratings.
The majority of analysts have a somewhat bullish outlook on Diamondback Energy, with several raising their price targets. The company's strong financial performance, including a 16.61% revenue growth rate and high net margin, supports this positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100