Citigroup Maintains Buy on Permian Resources, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Diamond maintains a Buy rating on Permian Resources (NYSE:PR) and raises the price target from $14 to $16.
August 29, 2023 | 2:09 pm
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POSITIVE IMPACT
Citigroup maintains a Buy rating on Permian Resources and raises the price target from $14 to $16, which could lead to a positive impact on the stock.
The raised price target by Citigroup indicates a positive outlook for Permian Resources. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100