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Analysts’ Opinions Are Mixed on These Energy Stocks: Diamondback (FANG) and MPLX (MPLX)

Tipranks - Wed Apr 15, 9:42AM CDT

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

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Diamondback (FANG)

William Blair analyst Neal Dingmann maintained a Buy rating on Diamondback today. The company’s shares closed last Tuesday at $185.42.

According to TipRanks.com, Dingmann is a 3-star analyst with an average return of 1.4% and a 47.0% success rate. Dingmann covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Kodiak Gas Services, Inc., and Mach Natural Resources LP. ;'>

Diamondback has an analyst consensus of Strong Buy, with a price target consensus of $214.58, implying a 14.9% upside from current levels. In a report issued on April 6, Evercore ISI also maintained a Buy rating on the stock with a $255.00 price target.

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MPLX (MPLX)

J.P. Morgan analyst Jeremy Tonet maintained a Hold rating on MPLX yesterday and set a price target of $58.00. The company’s shares closed last Tuesday at $55.41.

According to TipRanks.com, Tonet is a 5-star analyst with an average return of 9.3% and a 61.4% success rate. Tonet covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for MPLX with a $61.50 average price target, a 10.2% upside from current levels. In a report released today, TipRanks – Anthropic also downgraded the stock to Hold with a $61.00 price target.

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