Diamondback Energy (FANG) PT Lowered to $151 at Wells Fargo

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Diamondback Energy (FANG) PT Lowered to $140 at Imperial Capital Following Guidance

December 20, 2018 7:13 AM EST

Imperial Capital analyst Jason Wangler lowered the price target on Diamondback Energy (NASDAQ: FANG) to $140.00 (from $170.00) while maintaining a Outperform rating following the companys 2019 capital and production guidance. The company expects to generate nearly 30% pro forma production growth in 2019 as FANG gets active... More