Morgan Stanley analyst Devin McDermott lowered the firm’s price target on Diamondback Energy (FANG) to $183 from $184 and keeps an Overweight rating on the shares. The firm is updating its price targets for Energy stocks in North America to account for updated 2025 guidance and preliminary 2026 messaging, the analyst tells investors. Morgan Stanley continues to prefer gas over oil stocks.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FANG:
- Diamondback Energy price target lowered to $219 from $222 at Piper Sandler
- Diamondback Energy price target raised to $169 from $160 at Wells Fargo
- 2 Best Stocks to Buy Now, 11/13/2025, According to Top Analysts
- Diamondback Energy price target raised to $174 from $171 at UBS
- Diamondback Energy Reports Strong Q3 2025 Results