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Fly News Breaks for July 27, 2017
FANG
Jul 27, 2017 | 09:52 EDT
Roth Capital analyst John White raised his price target for Diamondback Energy to $130 from $120, citing lower commodity price estimates. The analyst reiterates 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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