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Fly News Breaks for October 11, 2016
FANG
Oct 11, 2016 | 07:31 EDT
Canaccord analyst Sam Burwell raised his price target on Diamondback Energy to $116 from $103 and called the stock a top pick. The analyst cited the company's impressive 2017 preliminary guidance, depth of quality inventory, capital efficiency, and sterling balance sheet. Burwell reiterated his Buy rating on Diamondback Energy shares.