Core Viewpoint - Morgan Stanley analyst Devin McDermott maintains a "Buy" rating on Diamondback Energy (FANG.US), lowering the target price from $186 to $184, citing expected robust operational reports but weaker cash flows due to declining natural gas and natural gas liquids prices [1] Group 1: Analyst Ratings and Target Prices - Morgan Stanley's target price for Diamondback Energy is adjusted down to $184 from $186 [1] - Susquehanna analyst Charles Minervino also maintains a "Buy" rating but raises the target price from $182 to $188, reflecting updated earnings expectations for the exploration and production segment [1] Group 2: Market Expectations and Price Projections - The company is expected to report a "solid" operational performance in Q3, although cash flows may fall below market expectations due to weaker prices for natural gas and natural gas liquids [1] - The fourth-quarter WTI crude oil price expectation is lowered to $62.5 per barrel, while the 2026 price expectation remains unchanged at $65 per barrel [1] Group 3: Company Overview - Diamondback Energy is an independent oil and gas company focused on exploring, acquiring, and developing unconventional energy resources in the Permian Basin of West Texas [1]
大摩:下调Diamondback Energy(FANG.US)目标价至184美元 维持“买入” 评级