Piper Sandler lowered the firm’s price target on Diamondback Energy (FANG) to $215 from $219 and keeps an Overweight rating on the shares. The firm notes Diamondback Energy remains a top pick in its E&P coverage given its position as the low-cost producer with consistent execution and asset productivity.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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 raised to $173 from $143 at Jefferies
- Diamondback Energy price target lowered to $175 from $182 at Scotiabank
- Diamondback Energy price target raised to $180 from $175 at BofA
- Diamondback Energy price target lowered to $158 from $159 at JPMorgan
- Diamondback Energy price target lowered to $178 from $180 at Citi