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Diamondback Energy (NASDAQ:FANG) Price Target Raised to $195.00 at Scotiabank
Scotiabank has raised its price target for Diamondback Energy (NASDAQ:FANG) to $195.00 from $175.00, reiterating a “sector outperform” rating, although this implies a modest 1.48% upside from its last closing price. The company’s fundamentals currently present a mixed picture, with a Q4 earnings miss despite overall analyst optimism and recent insider selling. Despite these mixed signals, the average analyst target remains higher at $207.95 with a consensus “Buy” rating.