Wells Fargo Maintains Overweight on Permian Resources, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Hanwen Chang has maintained an Overweight rating on Permian Resources (NYSE:PR) and increased the price target from $17 to $18.
March 05, 2024 | 12:05 pm
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Wells Fargo has maintained an Overweight rating on Permian Resources and raised the price target from $17 to $18.
The increase in the price target by a reputable analyst like Hanwen Chang from Wells Fargo suggests a positive outlook on Permian Resources' stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 80
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