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Analysts Have Conflicting Sentiments on These Energy Companies: Diamondback (FANG) and Enbridge (ENB)

Tipranks - Wed Apr 8, 3:30AM CDT

Analysts have been eager to weigh in on the Energy sector with new ratings on Diamondback (FANG) and Enbridge (ENB).

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Diamondback (FANG)

According to TipRanks.com, Jiang is a 4-star analyst with an average return of 5.0% and a 53.0% success rate. Jiang covers the NA sector, focusing on stocks such as California Resources Corp, Occidental Petroleum, and Antero Resources. ;'>

Currently, the analyst consensus on Diamondback is a Strong Buy with an average price target of $211.60, which is a 9.0% upside from current levels. In a report issued on March 23, Truist Financial also initiated coverage with a Buy rating on the stock with a $222.00 price target.

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Enbridge (ENB)

The company’s shares closed last Monday at $53.74.

According to TipRanks.com, Chen is a top 100 analyst with an average return of 18.6% and a 76.3% success rate. Chen covers the NA sector, focusing on stocks such as Excelerate Energy, Inc. Class A, LandBridge Company LLC Class A, and Enterprise Products Partners. ;'>

Enbridge has an analyst consensus of Moderate Buy, with a price target consensus of $55.76, representing a 3.4% upside. In a report issued on March 25, Morgan Stanley also maintained a Hold rating on the stock with a C$83.00 price target.

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