Piper Sandler Maintains Overweight on Diamondback Energy, Lowers Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear maintains an Overweight rating on Diamondback Energy (NASDAQ:FANG) but lowers the price target from $249 to $240.

August 15, 2024 | 11:31 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Piper Sandler maintains an Overweight rating on Diamondback Energy but lowers the price target from $249 to $240.
The Overweight rating suggests continued confidence in Diamondback Energy's performance, but the lowered price target indicates a slight reduction in expected upside. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100