Citigroup Maintains Buy on Permian Resources, Lowers Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Diamond maintains a Buy rating on Permian Resources (NYSE:PR) but lowers the price target from $20 to $18.
August 09, 2024 | 10:59 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Citigroup analyst Paul Diamond maintains a Buy rating on Permian Resources but lowers the price target from $20 to $18.
The maintained Buy rating suggests continued confidence in Permian Resources' performance, but the lowered price target indicates some caution regarding its short-term potential. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100