Analysts Offer Insights on Energy Companies: Diamondback (FANG) and New Fortress Energy (NFE)
Analysts have been eager to weigh in on the Energy sector with new ratings on Diamondback (FANG – Research Report) and New Fortress Energy (NFE – Research Report).
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Diamondback (FANG)
In a report released today, Stephen Richardson from Evercore ISI maintained a Buy rating on Diamondback, with a price target of $175.00. The company’s shares closed last Monday at $173.82.
According to TipRanks.com, Richardson is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Diamondback with a $181.21 average price target, implying a 2.8% 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.
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New Fortress Energy (NFE)
Morgan Stanley analyst Devin McDermott maintained a Hold rating on New Fortress Energy today and set a price target of $1.00. The company’s shares closed last Monday at $1.21.
According to TipRanks.com, McDermott is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for New Fortress Energy with a $1.00 average price target.
