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JPMorgan Adjusts Diamondback Energy PT to $180 From $158, Maintains Overweight Rating
JPMorgan has raised its price target for Diamondback Energy (FANG) to $180 from $158, while reiterating an Overweight rating on the stock. This adjustment reflects an updated outlook on the oil and natural gas exploration and production company. The news follows several other analyst adjustments for Diamondback Energy reported around the same date.