Truist Securities Maintains Buy on Diamondback Energy, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Diamondback Energy and increased the price target from $220 to $230.
October 16, 2024 | 2:30 pm
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Truist Securities has reaffirmed its Buy rating on Diamondback Energy and increased the price target from $220 to $230, indicating confidence in the company's future performance.
The increase in the price target from $220 to $230 by Truist Securities suggests a positive outlook for Diamondback Energy, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
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IMPORTANCE 80
RELEVANCE 100