Citi lowered the firm’s price target on Diversified Energy (DEC) to $15 from $17 and keeps a Buy rating on the shares.
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Read More on DEC:
- Diversified Energy Raises $200 Million via Tap of 2029 Secured Bonds
- Buy Rating on Diversified Energy Driven by Cash-Generative Operations and Disciplined, ABS-Backed Acquisition Strategy
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- Diversified Energy Plans Investor Meetings for Potential $100m Bond Tap
- Diversified Energy Repurchases 225,000 Shares Under Buyback Programme
