Since FANG released their Q1 results and fresh guidance, five Wall Street analysts have updated their forecasts and valuations. All five rate it a BUY with price targets of $150 to $165.
FANG closed at $107.85 on May 10.
I am finishing up my forecast/valuation and we will publish an updated profile on FANG this weekend.
FANG is also a PRIME TAKEOVER TARGET that is probably high on Chevron's list.
Diamondback Energy (FANG) Upgrades - May 11
Diamondback Energy (FANG) Upgrades - May 11
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group