UBS Maintains Neutral on Permian Resources, Raises Price Target to $13
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Josh Silverstein has maintained a Neutral rating on Permian Resources (NYSE:PR) and raised the price target from $12 to $13.
August 17, 2023 | 12:52 pm
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NEUTRAL IMPACT
UBS analyst has maintained a Neutral rating on Permian Resources and raised the price target from $12 to $13.
The news is directly about Permian Resources. The Neutral rating indicates that UBS does not expect the stock to outperform or underperform the market in the short term. The increase in price target could be seen as a positive signal, but it's not a strong enough signal to predict a price increase in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100