Diamondback Energy, Inc. (FANG) is an independent oil and gas company in Texas with a market cap of $40.6 billion. FANG stock has underperformed the market, down 28.7% in the past year. Despite Q2 results beating expectations, analysts predict a 20.1% EPS decline for the current fiscal year. Analysts rate FANG stock a “Strong Buy” with a mean price target of $185.32. Piper Sandler analyst Mark Lear maintains an “Overweight” rating with a price target of $222, suggesting a 58.3% potential upside from current levels.

Read more at Yahoo Finance: What Are Wall Street Analysts’ Target Price for Diamondback Energy Stock?