Diamondback Energy price target raised to $98 from $80 at KLR Group KLR Group raised its price target for Diamondback Energy shares to $98 saying the expected Viper Energy IPO should lower the company's overall cost of capital. The firm keeps an Accumulate rating on the stock.
Diamondback, Viper sell-offs 'significantly overdone,' says Wunderlich Wunderlich believes the recent sell-offs in shares of Diamondback Energy (FANG) and Viper Energy (VNOM) are "significantly overdone." The firm thinks recent news from Viper suggests that Diamondback's work in the Permian is continuing to provide strong growth in production and cash flow. It keeps a Buy rating on Diamondback with a $110 price target.