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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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May 18, 2015
07:57 EDTFANGTopeka highlights potential E&P takeover targets
Topeka continues to believe that the E&P companies most likely to be acquired are situated in the core areas in the Permian, Eagle Ford, Bakken, Niobrara and Marcellus/Utica. The firm highlights Cabot Oil & Gas (COG), Energen (EGN), Diamondback Energy (FANG), Gulfport Energy (GPOR), Laredo Petroleum (LPI), Magnum Hunter (MHR) and Oasis Petroleum (OAS) as potential takeout targets. It keeps Buy ratings on all the stocks named.

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