Business
Piper Sandler Lifts Diamondback Energy Target to $218, Citing Permian Basin Strength Amid Volatile Oil Pricing
Analysts at Piper Sandler have increased their price target for Permian Basin-focused producer Diamondback Energy (FANG) to $218, maintaining an Overweight rating. The move comes as the firm anticipates solid Q4 results for gas-focused companies, while oil producers navigate a tougher pricing environment.