There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on Diamondback (FANG – Research Report), California Resources Corp (CRC – Research Report) and Conocophillips (COP – Research Report) with bullish sentiments.
Diamondback (FANG)
In a report released today, Derrick Whitfield from Stifel Nicolaus maintained a Buy rating on Diamondback, with a price target of $192.00. The company’s shares closed last Friday at $151.74.
According to TipRanks.com, Whitfield is ranked 0 out of 5 stars with an average return of
Diamondback has an analyst consensus of Strong Buy, with a price target consensus of $182.54, implying a 18.8% upside from current levels. In a report released today, Benchmark Co. also maintained a Buy rating on the stock with a $154.00 price target.
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California Resources Corp (CRC)
In a report released today, Nathaniel Pendleton from Stifel Nicolaus maintained a Buy rating on California Resources Corp, with a price target of $72.00. The company’s shares closed last Friday at $52.25.
Pendleton has an average return of
According to TipRanks.com, Pendleton is ranked #4467 out of 8712 analysts.
Currently, the analyst consensus on California Resources Corp is a Strong Buy with an average price target of $68.75, representing a 28.1% upside. In a report issued on February 7, Mizuho Securities also reiterated a Buy rating on the stock with a $69.00 price target.
Conocophillips (COP)
Jefferies analyst Lloyd Byrne maintained a Buy rating on Conocophillips on February 8 and set a price target of $138.00. The company’s shares closed last Friday at $111.16.
According to TipRanks.com, Byrne is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Conocophillips with a $136.74 average price target, implying a 20.0% upside from current levels. In a report issued on January 24, Raymond James also maintained a Buy rating on the stock with a $137.00 price target.
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Read More on FANG:
- Diamondback Energy, Inc. and Endeavor Energy Resources, L.P. to Merge to Create a Premier Permian Independent Oil and Gas Company
- M & A News: FANG and Endeavor Energy Nearing $25B Merger Deal
- Diamondback Energy price target lowered to $190 from $203 at Susquehanna
- Diamondback Energy price target lowered to $201 from $206 at Piper Sandler
- TD Cowen Eyes 3 Energy Stocks Ahead of Earnings
