Diamondback Energy (NASDAQ:FANG) Given New $199.00 Price Target at Susquehanna

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Susquehanna has increased its price target for Diamondback Energy (NASDAQ:FANG) to $199.00 from $182.00, maintaining a “positive” rating. This new target implies a potential upside of 15.35% for the oil and natural gas company. Despite missing Q4 earnings and revenue estimates and reporting a GAAP net loss due to impairments, Diamondback Energy raised its quarterly dividend and is pursuing significant share buybacks.

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