UBS Maintains Buy on Diamondback Energy, Lowers Price Target to $245
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein maintains a Buy rating on Diamondback Energy (NASDAQ:FANG) but lowers the price target from $257 to $245.

August 13, 2024 | 2:41 pm
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UBS analyst Josh Silverstein maintains a Buy rating on Diamondback Energy but lowers the price target from $257 to $245.
The maintained Buy rating suggests continued confidence in Diamondback Energy's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100