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Stock Market & Financial Investment News

News Breaks
June 25, 2014
09:25 EDTVNOM, FANGDiamondback Energy price target raised to $114 from $93 at Sterne Agee
Sterne Agee increased its price target on Diamondback Energy (FANG) following the Viper Energy Partners (VNOM) IPO. The firm continues to value the company's E&P segment at $67 per share and its mineral rights at $47 per share, based on Viper's market capitalization. The firm thinks the company's E&P segment is undervalued at current levels and keeps a Buy rating on the shares.
News For FANG;VNOM From The Last 14 Days
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February 8, 2016
18:01 EDTVNOMViper Energy raises quarterly cash distribution to 22.8c from 20c per unit
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February 1, 2016
08:41 EDTFANGDiamondback Energy named top pick at SunTrust
SunTrust says its latest analysis reinforces its view that Diamondback's Midland Basin acreage is among some of the most economic in the industry. The firm says the company has solid management and strong financials. It raised its price target on the name to $95 from 494 and keeps a Buy rating.

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