Diamondback Energy price target raised to $180 from $164 at Roth Capital
Roth Capital raised the firm’s price target on Diamondback Energy (FANG) to $180 from $164 and keeps a Buy rating on the shares following the company’s Q4 report and Q1 production guidance. While the firm is lowering its 2026 cash flow per share estimate by 2% on higher costs, it is raising its price target by 10% on higher oil prices and including its dividend, the analyst tells investors.
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
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FANG:
Disclaimer & DisclosureReport an Issue
- Buy Rating on Diamondback Driven by Strong Cash Flow, Permian Growth Optionality, and Shareholder-Friendly Capital Allocation
- Diamondback Energy price target raised to $205 from $194 at Mizuho
- Diamondback Energy: Strong Execution, Predictable Growth, and Upside from Barnett/Woodford Support Buy Rating
- Closing Bell Movers: Keysight rallies 15% after earnings beat
- Diamondback Energy reports Q4 EPS $1.74, consensus $2.00
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.