Diamondback Energy, Inc. (NASDAQ:FANG) has had its price target reduced by Bernstein to $190 from $199, while maintaining an “Outperform” rating. The firm is cautiously optimistic about oil in 2026, expecting short-term volatility but long-term strength. Piper Sandler’s Mark Lear reaffirmed an “Overweight (Buy)” rating on FANG with a price target of $219, praising the company’s position as a low-cost operator in the Permian Basin. Despite shifting to full-stack development, Diamondback Energy remains a top performer. As an independent oil and natural gas company, Diamondback Energy (NASDAQ:FANG) continues to demonstrate strong asset-level performance. While FANG shows promise, some believe other AI stocks offer higher potential returns with less risk. For those interested in AI investments, there are opportunities beyond Diamondback Energy.

Read more at Yahoo Finance: Bernstein Reduces Firm’s PT Diamondback Energy (FANG) Stock