Peeling Back The Layers: Exploring Permian Resources Through Analyst Insights
Portfolio Pulse from Benzinga Insights
Analysts have provided a range of ratings for Permian Resources (NYSE:PR) over the past three months, with a majority being bullish. The average 12-month price target has been slightly reduced to $20.86. Key financial metrics indicate challenges in profitability and debt management despite strong revenue growth.
July 22, 2024 | 8:01 pm
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Permian Resources (NYSE:PR) has received predominantly bullish ratings from analysts over the past three months. The average 12-month price target has been slightly reduced to $20.86. Despite strong revenue growth, the company faces challenges in profitability and debt management.
The majority of analysts have given bullish ratings, indicating positive sentiment towards Permian Resources. However, the slight reduction in the average price target and financial challenges in profitability and debt management may temper short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100