UBS Maintains Buy on Permian Resources, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein maintains a Buy rating on Permian Resources (NYSE:PR) but lowers the price target from $21 to $19.
August 09, 2024 | 3:10 pm
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NEUTRAL IMPACT
UBS analyst Josh Silverstein maintains a Buy rating on Permian Resources but lowers the price target from $21 to $19.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates a more cautious outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100