Melius Initiates Coverage on Diamondback Energy (FANG), Assigns Buy Rating
Diamondback Energy, Inc. (NASDAQ:FANG) is one of the best dividend stocks to buy. On August 20, Melius Research assigned a Buy rating on FANG, along with a price target of $213. Diamondback is one of the major Permian Basin pure-play companies, where it directs its streamlined operations toward Wolfcamp, Spraberry, and Bone Spring formations. Melius Initiates Coverage on Diamondback Energy (FANG), Assigns Buy Rating Photo by Adam Nowakowski on Unsplash Melius observed that the company scaled up through ...