Diamondback Energy raises price target after strong Q2 with 51% revenue growth and boosted dividends.

Diamondback Energy rated Strong Buy with $290 target, 45% upside on low costs and flexible production.

Diamondback Energy (FANG), a shale exploration company in Texas' Permian Basin, is rated Strong Buy with a target price of $290 per share, suggesting about 45% upside. The company's low production costs and efficient capital use generate strong free ...