UBS Maintains Buy on Diamondback Energy, Raises Price Target to $247
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein has maintained a Buy rating on Diamondback Energy (NASDAQ:FANG) and raised the price target from $245 to $247.
August 20, 2024 | 12:26 pm
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POSITIVE IMPACT
UBS has reaffirmed its Buy rating on Diamondback Energy and slightly increased the price target to $247, indicating a positive outlook.
The reaffirmation of a Buy rating and a slight increase in the price target by UBS suggests confidence in Diamondback Energy's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100