Raymond James Initiates Coverage On Permian Resources with Strong Buy Rating, Announces Price Target of $24
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst John Freeman initiates coverage on Permian Resources (NYSE:PR) with a Strong Buy rating and a price target of $24.

April 09, 2024 | 10:52 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Raymond James initiated coverage on Permian Resources with a Strong Buy rating and a price target of $24.
The initiation of coverage by Raymond James with a Strong Buy rating and a high price target suggests a positive outlook for Permian Resources. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100