Susquehanna Maintains Neutral on Permian Resources, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril maintains a Neutral rating on Permian Resources (NYSE:PR) and raises the price target from $16 to $18.
April 22, 2024 | 12:04 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Susquehanna maintains a Neutral rating on Permian Resources and increases the price target from $16 to $18.
The increase in price target by Susquehanna suggests a positive outlook on the stock's value, potentially leading to short-term investor optimism and a positive impact on the stock price. However, the maintenance of a Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential for both upward and downward movements.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100