Analysts Offer Insights on Energy Companies: Ovintiv (OVV), Diamondback (FANG) and Innovex International (INVX)
There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on Ovintiv (OVV – Research Report), Diamondback (FANG – Research Report) and Innovex International (INVX – Research Report) with bullish sentiments.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Ovintiv (OVV)
Siebert Williams Shank & Co analyst Gabriele Sorbara reiterated a Buy rating on Ovintiv today and set a price target of $58.00. The company’s shares closed last Monday at $50.83.
According to TipRanks.com, Sorbara is a 5-star analyst with an average return of
Ovintiv has an analyst consensus of Strong Buy, with a price target consensus of $54.00, implying a 6.8% upside from current levels. In a report issued on February 9, TD Cowen also upgraded the stock to Buy.
See the top stocks recommended by analysts >>
Diamondback (FANG)
In a report released today, Mark Lear from Piper Sandler maintained a Buy rating on Diamondback, with a price target of $218.00. The company’s shares closed last Monday at $173.82.
According to TipRanks.com, Lear is a 4-star analyst with an average return of
Currently, the analyst consensus on Diamondback is a Strong Buy with an average price target of $180.94, implying a 2.6% upside from current levels. In a report issued on February 10, Barclays also maintained a Buy rating on the stock with a $178.00 price target.
Innovex International (INVX)
In a report released today, Derek Podhaizer from Piper Sandler maintained a Buy rating on Innovex International, with a price target of $27.00. The company’s shares closed last Monday at $27.17.
According to TipRanks.com, Podhaizer is a 5-star analyst with an average return of
Currently, the analyst consensus on Innovex International is a Moderate Buy with an average price target of $27.00, which is a 5.7% upside from current levels. In a report released today, TipRanks – OpenAI also reiterated a Buy rating on the stock with a $31.00 price target.
