UBS Maintains Neutral on Permian Resources, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein has maintained a Neutral rating on Permian Resources (NYSE:PR) and raised the price target from $15 to $16.

October 04, 2023 | 3:55 pm
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NEUTRAL IMPACT
UBS analyst has maintained a Neutral rating on Permian Resources and raised the price target from $15 to $16.
The news is directly about Permian Resources. The Neutral rating indicates that the analyst does not expect the stock to outperform or underperform the market in the short term. However, the increase in price target could be seen as a positive signal, potentially leading to a slight increase in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100