Diamondback Energy, Inc. (NASDAQ:FANG), an oil giant with strong market resilience, has attracted substantial attention from multiple investment entities ranging from Toronto Dominion Bank, Siemens Fonds Invest GmbH, USS Investment Management Ltd, and many others. Shares have been boosted by various firms such as Centaurus Financial Inc., while others like the California State Teachers Retirement System and Siemens Fonds Invest GmbH chose to decrease their FANG stock positions. Bank of America targets a new $170 price for FANG with UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC, and Northern Trust Corp boosting their FANG holdings. However, a pessimistic forecast was also issued by Morgan Stanley regarding FANG's future stock price. Acclaimed investor Jim Cramer mentions that FANG ‘has been disparaged’ despite its substantial growth and value. The company plans to expand in the Permian Basin with a $4.08 billion deal. Diamondback Energy surpasses Q1 earnings and revenue estimates, showing robust returns. A dividend 'buy' consensus from FANG analysts further deepens the positive outlook.
Diamondback Energy FANG News Analytics from Sat, 30 Nov 2024 08:00:00 GMT to Sat, 31 May 2025 13:22:34 GMT -
Rating 7
- Innovation -5
- Information 3
- Rumor -9
