Wells Fargo Maintains Overweight on Diamondback Energy, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read maintains an Overweight rating on Diamondback Energy (NASDAQ:FANG) but lowers the price target from $231 to $230.

August 14, 2024 | 12:38 pm
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Wells Fargo analyst Roger Read maintains an Overweight rating on Diamondback Energy but lowers the price target from $231 to $230.
The Overweight rating suggests a positive outlook, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100