Bernstein Reduces Firm's PT Diamondback Energy (FANG) Stock

Diamondback Energy, Inc. (NASDAQ:FANG) is one of the Best Fundamental Stocks to Buy According to Analysts. On January 5, Bernstein reduced the firm’s price objective on the company’s stock to $190 from $199, while keeping an “Outperform” rating, as reported by The Fly. The firm starts 2026 by having a balanced view of oil. It expects choppiness in the near term and is seeing strength in the longer term.

In a different update, Piper Sandler’s Mark Lear reiterated an “Overweight (Buy)” rating on Diamondback Energy, Inc. (NASDAQ:FANG)’s stock with a price objective of $219. The analyst highlighted that the company is its top large-cap E&P, considering its position as a low-cost operator in the Permian, long runway of low breakeven projects, consistent execution, as well as a line of sight on further improvements in efficiency.

Diamondback Energy, Inc. (NASDAQ:FANG) consistently delivered the strongest asset-level performance even though it shifted to full-stack development a long time ago.

Diamondback Energy, Inc. (NASDAQ:FANG) is an independent oil and natural gas company.

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Disclosure: None. This article is originally published at Insider Monkey.