Citigroup Maintains Buy on Permian Resources, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Diamond has maintained a 'Buy' rating on Permian Resources (NYSE:PR) and raised the price target from $16 to $17.
October 16, 2023 | 3:56 pm
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POSITIVE IMPACT
Citigroup's raised price target for Permian Resources suggests a positive outlook for the company's 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