Susquehanna Lifts Diamondback Energy’s (FANG) Price Target to $188

Core Insights - Diamondback Energy, Inc. (NASDAQ:FANG) is recognized among the 15 Dividend Growth Stocks with the highest growth rates [1] - Susquehanna has raised Diamondback Energy's price target to $188 from $182, maintaining a Positive rating on the stock [3] - The company has a strong operational focus in the Permian Basin, utilizing horizontal drilling and hydraulic fracturing techniques [2] Financial Performance - Diamondback Energy initiated dividend payments in 2018 and has consistently increased its payouts, currently offering a quarterly dividend of $1.00 per share [4] - The dividend yield stands at 2.74% as of October 30, with an annual average payout increase of 24.33% over the past five years [4] Market Outlook - Susquehanna has adjusted its Q4 WTI crude oil price assumption to $62.50 per barrel, while keeping the 2026 outlook unchanged at $65 per barrel [3]