RBC Capital Reiterates Outperform on Permian Resources, Maintains $17 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Hanold has reiterated an Outperform rating on Permian Resources (NYSE:PR) and maintained a $17 price target on the stock.
April 12, 2024 | 2:34 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating and a $17 price target on Permian Resources, indicating a positive outlook on the stock.
The reiteration of an Outperform rating and a maintained price target of $17 by a reputable analyst like Scott Hanold from RBC Capital suggests a strong vote of confidence in Permian Resources' stock. This endorsement is likely to influence investor sentiment positively in the short term, potentially driving up the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100