Piper Sandler Maintains Overweight on Diamondback Energy, Raises Price Target to $252
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear has maintained an Overweight rating on Diamondback Energy and increased the price target from $240 to $252.
October 15, 2024 | 12:41 pm
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Piper Sandler has reaffirmed its Overweight rating on Diamondback Energy and increased the price target to $252, indicating a positive outlook.
The increase in price target from $240 to $252 by Piper Sandler suggests a positive outlook for Diamondback Energy, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100