Diamondback Energy (FANG) has seen a mix of optimism and caution from various stakeholders and analysts lately. Targets for the stock's price have been lowered by
Wells Fargo & Company and
Mizuho to $160 and $176 respectively, suggesting a cautious outlook. Despite this,
Benchmark maintains a target of $195 and a 'Buy' rating, while
Bernstein SoGen Group reiterates its 'Outperform' rating and a $192 price target. Various investment players, like
Praxis Investment Management and
Arista Wealth Management, have increased their positions, while others, such as
AssuredPartners Investment Advisors and
IFP Advisors Inc, have decreased theirs. The
Diamondback Energy CEO expects US crude output will plateau with $60/bbl oil, reshaping narrative around investment. Meanwhile, potential asset sales are expected to affect valuation, with Viper Asset Sale talks stirring discussion. Looking forward, there are expectations of earnings beat for Q3, with cautionary notes on potential impacts of lower 2025 spending and oil price caution.
Diamondback Energy FANG News Analytics from Sun, 27 Apr 2025 07:00:00 GMT to Sat, 18 Oct 2025 12:58:37 GMT -
Rating 2
- Innovation -5
- Information 6
- Rumor -1
