Morgan Stanley Maintains Overweight on Diamondback Energy, Raises Price Target to $198
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Devin McDermott has maintained an Overweight rating on Diamondback Energy and raised the price target from $185 to $198.
September 16, 2024 | 4:12 pm
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Morgan Stanley has reaffirmed its Overweight rating on Diamondback Energy and increased the price target from $185 to $198, indicating a positive outlook.
The increase in price target from $185 to $198 by Morgan Stanley suggests a positive outlook for Diamondback Energy, likely boosting investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100