SGF Capital sells $1.9 billion stake in Diamondback Energy

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Weakness in this energy stock creates a buying opportunity: RJ

September 18, 2026 6:00 PM EDT

Raymond James believes the recent weakness in the shares of one energy name, driven by large share sales from a founding family trust, is a buying opportunity.

Analyst John Freeman reiterated a Strong Buy rating on Diamondback Energy (NASDAQ: FANG) and raised his price target for the stock to $255 from $248 in a... More