UBS Upgrades Permian Resources to Buy, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein has upgraded Permian Resources (NYSE:PR) from Neutral to Buy and raised the price target from $20 to $21.
June 14, 2024 | 1:16 pm
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POSITIVE IMPACT
UBS analyst Josh Silverstein has upgraded Permian Resources from Neutral to Buy and raised the price target from $20 to $21.
The upgrade from Neutral to Buy and the increase in the price target by UBS is likely to positively impact the stock price of Permian Resources in the short term as it reflects increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100