RBC Capital Reiterates Outperform on Diamondback Energy, Maintains $220 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Hanold has reiterated an Outperform rating for Diamondback Energy (NASDAQ:FANG) and maintained a price target of $220.
September 17, 2024 | 1:49 pm
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RBC Capital has reiterated its Outperform rating for Diamondback Energy, maintaining a price target of $220. This suggests confidence in the company's performance and potential for stock price appreciation.
The reiteration of an Outperform rating and a maintained price target of $220 by RBC Capital indicates a positive outlook for Diamondback Energy. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
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IMPORTANCE 80
RELEVANCE 100