Bernstein Reduces Firm’s PT Diamondback Energy (FANG) Stock

Group 1 - Diamondback Energy, Inc. (NASDAQ:FANG) is recognized as one of the best fundamental stocks to buy according to analysts, with Bernstein reducing its price target to $190 from $199 while maintaining an "Outperform" rating [1] - Piper Sandler's Mark Lear reiterated an "Overweight (Buy)" rating on Diamondback Energy with a price target of $219, citing the company's position as a low-cost operator in the Permian and its consistent execution [2] - The company has consistently delivered strong asset-level performance and has shifted to full-stack development, indicating its operational efficiency [3] Group 2 - The firm starts 2026 with a balanced view of oil, expecting short-term volatility but strength in the long term [1] - Diamondback Energy is considered a top large-cap exploration and production (E&P) company due to its long runway of low breakeven projects and potential for further efficiency improvements [2]