Raymond James Increases Diamondback Energy's Price Target, Maintains Buy Rating

Reported about 20 hours ago

Raymond James has raised its price target for Diamondback Energy, Inc. (NASDAQ:FANG) from $204 to $221, while keeping a Buy rating ahead of the company's Q2 2025 earnings release on August 5. Despite reduced production guidance due to commodity price volatility, analysts express optimism due to recent oil price recoveries, although they suggest that certain AI stocks may present better investment opportunities.

Source: YAHOO

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