Jefferies Reinstates Hold on Diamondback Energy, Announces $185 Price Target
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Lloyd Byrne has reinstated a Hold rating on Diamondback Energy (NASDAQ:FANG) and set a price target of $185.
September 16, 2024 | 12:29 pm
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Jefferies analyst Lloyd Byrne has reinstated a Hold rating on Diamondback Energy with a price target of $185, indicating a neutral stance on the stock.
The Hold rating suggests that Jefferies does not expect significant short-term movement in Diamondback Energy's stock price. The $185 price target provides a benchmark for investors, but the Hold rating indicates a neutral outlook.
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IMPORTANCE 80
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