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Create Free AccountKeyCorp has significantly upwardly revised its earnings per share (EPS) forecast for Diamondback Energy (FANG) for the first quarter of 2026. The analyst firm now expects the energy company to post an EPS of $3.70, up from its previous estimate of $3.02. Furthermore, the full-year 2026 EPS target was raised to $20.74, while maintaining an 'Overweight' rating and a price target of $225. This positive outlook is driven by strategic corporate actions, including tender offers for senior notes and an increase in dividend payouts. While the outlook remains bullish, the report noted potential selling pressure that could arise from recent insider sales. Overall, the substantial revision reflects strong confidence in Diamondback Energy's long-term financial trajectory and operational efficiency.