Diamondback Energy price target raised to $210 from $200 at Scotiabank

Scotiabank raised the firm’s price target on Diamondback Energy to $210 from $200 and keeps an Outperform rating on the shares. The analyst thinks Diamondback’s Q4 results will have a neutral impact on near-term share price performance. The firm believes the tie-up with Endeavor is a good deal for Diamondback “that achieves several strategic objectives ranging from key metric accretion and scale to improved Midland continuous acreage position.”