Susquehanna Maintains Neutral on Permian Resources, Raises Price Target to $14
Portfolio Pulse from richadhand@benzinga.com
Susquehanna analyst Biju Perincheril maintains a Neutral rating on Permian Resources (NYSE:PR) and raises the price target from $11 to $14.

August 22, 2023 | 11:53 am
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NEUTRAL IMPACT
Susquehanna analyst maintains a Neutral rating on Permian Resources and raises the price target from $11 to $14.
The news is directly about Permian Resources. The analyst's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in the price target from $11 to $14 suggests a positive outlook in the longer term. This could potentially attract investors, but the immediate impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100