Wall Street Analysts Are Bullish on Top Energy Picks
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Helmerich & Payne (HP – Research Report) and Diamondback (FANG – Research Report) with bullish sentiments.
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Helmerich & Payne (HP)
In a report released today, Eddie Kim from Barclays maintained a Buy rating on Helmerich & Payne, with a price target of $39.00. The company’s shares closed last Monday at $35.71.
According to TipRanks.com, Kim is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Helmerich & Payne with a $35.83 average price target, implying a -0.5% downside from current levels. In a report released yesterday, J.P. Morgan also maintained a Buy rating on the stock with a $36.00 price target.
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Diamondback (FANG)
In a report released today, Betty Jiang from Barclays maintained a Buy rating on Diamondback, with a price target of $178.00. The company’s shares closed last Monday at $165.96.
According to TipRanks.com, Jiang 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 9.1% upside from current levels. In a report issued on January 27, Wells Fargo also maintained a Buy rating on the stock with a $171.00 price target.
