Information Provided By: 
Fly News Breaks for December 29, 2015
FANG
Dec 29, 2015 | 07:57 EDT
Sterne Agee CRT analyst Tim Rezvan reiterates Diamondback Energy as a top 2016 pick in the Exploration & Production space. The analyst believes Diamondback's premium valuation is warranted and does not expect Permian operators to see multiple compression next year. Diamondback is the best Permian name to own in 2016, Rezvan tells investors in a research note. He has a Buy rating on the stock with an $84 price target.
News For FANG From the Last 2 Days
FANG
Apr 23, 2024 | 09:58 EDT
Stifel raised the firm's price target on Diamondback Energy to $229 from $224 and keeps a Buy rating on the shares. The firm is updating its commodity estimates ahead of Q1 earnings to reflect strip prices through 2026 and revising its production and capital forecasts to reflect discussions with management, the analyst tells investors. Despite elevated valuations, oil and gas macro tailwinds continue to support sector outperformance, the firm adds.
