BMO Capital Upgrades Permian Resources to Outperform, Announces $21 Price Target
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has upgraded Permian Resources (NYSE:PR) from Market Perform to Outperform, with a new price target of $21.

July 03, 2024 | 12:44 pm
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POSITIVE IMPACT
BMO Capital has upgraded Permian Resources from Market Perform to Outperform, setting a new price target of $21. This upgrade is likely to positively impact the stock price in the short term.
The upgrade from Market Perform to Outperform by a reputable analyst at BMO Capital, along with a specific price target of $21, is a strong positive signal for investors. Such upgrades typically lead to increased investor confidence and buying activity, which can drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100