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Fly News Breaks for July 18, 2016
FANG
Jul 18, 2016 | 07:46 EDT
KLR Group analyst Gail Nicholson raised her price target for Diamondback Energy to $122 citing an increased drilling activity forecast following the company's entry into the Delaware Basin. The analyst keeps a Buy rating on the shares.
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.
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