Benchmark Initiates Coverage On Permian Resources with Buy Rating, Announces Price Target of $14
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst Subash Chandra has initiated coverage on Permian Resources (NYSE:PR) with a Buy rating and a price target of $14.
July 13, 2023 | 9:27 am
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Permian Resources has been initiated with a Buy rating by Benchmark, with a price target of $14.
The initiation of coverage by Benchmark with a Buy rating is a positive signal for Permian Resources. The price target of $14 suggests that the analyst sees significant upside potential in the stock. This could lead to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100