Piper Sandler Maintains Overweight on Permian Resources, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear maintains an Overweight rating on Permian Resources (NYSE:PR) and raises the price target from $17 to $22.
March 07, 2024 | 12:53 pm
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POSITIVE IMPACT
Piper Sandler maintains an Overweight rating on Permian Resources and increases the price target from $17 to $22.
The upgrade in price target by a reputable analyst like Mark Lear from Piper Sandler is a strong positive signal for investors, indicating a bullish outlook on the stock. This is likely to increase investor confidence in Permian Resources, potentially driving up its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100