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Fly News Breaks for June 10, 2019
RTLR, FANG
Jun 10, 2019 | 08:49 EDT
Roth Capital analyst John White lowered his price target for Diamondback Energy (FANG) to $150 from $166, citing the valuation of the newly issued shares of Rattler Midstream (RTLR), owned by the company, and his new, lower WTI crude oil price deck. The analyst notes that the lower commodity price deck offsets the contribution of the Rattler Midstream shares. He reiterates a Buy rating on Diamondback Energy's shares.
News For FANG;RTLR From the Last 2 Days
