Zacks Investment Research downgraded shares of DIAMONDBACK EGY (FANG) from NEUTRAL to UNDERPERFORM on January 08, 2013, with a target price of $19.60.
Diamondback Energy, Inc. is an oil and natural gas company focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. The Company's activities are primarily focused on the Clearfork, Spraberry, Wolfcamp, Cline, Strawn and Atoka formations. Diamondback Energy, Inc. is headquartered in Midland, Texas.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
To get a free copy of the research report on DIAMONDBACK EGY (FANG),
click here.
For more information about research offerings from Zacks Investment Research, visit
Zacks.com .
Be the first to comment