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Fly News Breaks for June 7, 2019
FANG
Jun 7, 2019 | 08:24 EDT
Roth Capital analyst John White lowered his price target for Diamondback Energy (FANG) to $150 from $166 and maintained a Buy rating, citing the valuation of the newly issued shares of subsidiary Rattler Midstream (RTLR), as well as a new, lower WTI crude oil price deck.
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.
