Diversified Energy price target raised to $25 from $23 at Clear Street

Clear Street analyst Tim Moore raised the firm’s price target on Diversified Energy (DEC) to $25 from $23 and keeps a Buy rating on the shares. The firm is updating its model after the company completed the acquisition of Canvas Energy, boosting its FY26 revenue forecast by $240M and its adjusted EBITDA forecast by $140M, the analyst tells investors in a research note.