Citigroup Maintains Buy on Permian Resources, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Diamond has maintained a Buy rating on Permian Resources (NYSE:PR) and increased the price target from $17 to $19.
March 01, 2024 | 5:18 pm
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Citigroup has reaffirmed its Buy rating on Permian Resources and raised the price target from $17 to $19.
The upgrade in the price target by a reputable analyst like Paul Diamond from Citigroup is a strong positive signal for investors, indicating a bullish outlook on the stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100