UBS Believes Diamondback Energy (FANG) is Poised for a 2026 Breakout Following Period of Stagnation
Diamondback Energy Inc. (NASDAQ:FANG) is one of the most profitable value stocks to invest in right now. On December 12, UBS raised the firm’s price target on Diamondback Energy to 174 and kept a Buy rating on the shares. Following three years of stagnant performance, the Energy sector is poised for a breakout in 2026. UBS believes that this recovery is underpinned by a brightening outlook for oil and gas prices, value-generating M&A activity, and disciplined capital spending. Earlier on Dece ...