Movement Alert|Diamondback Energy Intraday Rise 3.06% in Regular Trading, Jefferies Raises Target Price

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On October 12, Diamondback Energy rose 3.06% in regular trading, trading at $198.14/share, with Turnover of $26.626 million.

The stock climbed after Jefferies raised its price target on Diamondback Energy to $215 from $205, maintaining a Hold rating. The FactSet analyst consensus average target price stands at $236.47. Diamondback Energy, Inc. is an independent oil and natural gas company focused on the acquisition, development, exploration, and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas.

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