Diamondback Energy Shares Surge on Middle East Tensions and Analyst Upgrades

Diamondback Energy Inc (FANG) stock climbed nearly 3% on Tuesday, driven by a combination of factors, including rising Middle East tensions, positive analyst ratings, and the company’s recent acquisitions. The stock’s gain reflected a broader upward trend in the energy sector as investors sought safe havens amid escalating geopolitical uncertainty. The company also announced the completion of an acquisition and updated its guidance for the third quarter.

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