BMO Capital Upgrades Diamondback Energy to Outperform, Raises Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has upgraded Diamondback Energy (NASDAQ:FANG) from Market Perform to Outperform, raising the price target from $205 to $215.
October 04, 2024 | 12:02 pm
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POSITIVE IMPACT
BMO Capital has upgraded Diamondback Energy to Outperform and increased the price target to $215, indicating a positive outlook for the stock.
The upgrade from Market Perform to Outperform by BMO Capital suggests increased confidence in Diamondback Energy's future performance. The raised price target to $215 indicates expectations of stock price appreciation, likely leading to positive investor sentiment and potential short-term price increase.
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IMPORTANCE 80
RELEVANCE 100