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      Citigroup Raises Price Target for Diamondback Energy Amid Positive Oil Price Outlook

      Citigroup has raised its price target for Diamondback Energy, Inc. from $178 to $230, maintaining a Buy rating for the stock. This adjustment reflects the firm's revised projections based on an improved outlook for oil prices.

      Diamondback Energy is noted as one of the prominent large-cap stocks experiencing insider buying, highlighting investor confidence in the company's future performance. The increase in Citigroup's price target underscores the firm's positive sentiment regarding the energy sector's recovery and growth potential.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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