Mizuho raised the firm’s price target on Permian Resources to $18 from $16 and keeps a Buy rating on the shares. The analyst increased the price target to reflect the company’s year-end reserves, updated type curves and 2024 guidance updates.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on PR:
- Permian Resources Capital Market Maneuvers and Stock Redemption
- Permian Resources price target raised to $18 from $17 at Wells Fargo
- Permian Resources 48.5M share Spot Secondary priced at $15.76
- Permian Resources Executives Partially Sell Shares, Retain Majority
- Permian Resources files to sell 48.5M shares of Class A common stock for holders