Wolfe Research Adjusts PT on Diamondback Energy to $201 From $177, Maintains Outperform Rating

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Wolfe Research has increased its price target for Diamondback Energy (FANG) to $201 from $177, while maintaining an Outperform rating on the stock. This adjustment reflects a positive outlook by the research firm on the oil and natural gas exploration and production company. The company is primarily involved in crude oil, liquefied natural gas, and natural gas production, with all net sales originating from the United States.

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