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Fly News Breaks for August 14, 2019
FANG
Aug 14, 2019 | 08:40 EDT
Jefferies analyst Mark Lear says Diamondback Energy remains his favorite idea in Exploration & Production following the company's Q2 results. The analyst reiterates a Buy rating on the shares with a $140 price target, down from $141, citing the company's "flawless" execution, "inexpensive" valuation, "strong" debt-adjusted growth, and "accelerating" free cash flow generation.