Benchmark Maintains Buy on Diamondback Energy, Raises Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Subash Chandra maintains a Buy rating on Diamondback Energy (NASDAQ:FANG) and raises the price target from $154 to $195.
October 03, 2024 | 4:47 pm
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POSITIVE IMPACT
Benchmark analyst Subash Chandra has reaffirmed a Buy rating for Diamondback Energy and increased the price target from $154 to $195, indicating a positive outlook.
The reaffirmation of a Buy rating and a significant increase in the price target from $154 to $195 by Benchmark suggests a strong positive sentiment towards Diamondback Energy's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100