Diamondback Energy upgraded to Buy from Accumulate at KLR Group KLR Group upgraded Diamondback Energy to Buy citing the company's acreage acquisition and accelerating drilling activity. The firm raised its price target for shares to $118 from $103.
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.