Susquehanna Maintains Neutral on Permian Resources, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril maintains a Neutral rating on Permian Resources (NYSE:PR) and raises the price target from $15 to $16.
February 29, 2024 | 1:56 pm
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POSITIVE IMPACT
Susquehanna maintains a Neutral rating on Permian Resources and raises the price target from $15 to $16.
The increase in the price target by Susquehanna suggests a positive outlook on the stock's value, potentially leading to short-term price appreciation. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100