Citi raised the firm’s price target on Permian Resources to $19 from $17 and keeps a Buy rating on the shares post the Q4 report. The analyst anticipates continued strong performance on the drilling side albeit with a slowing rate of improvement post integration.
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Read More on PR:
- Permian Resources Offers Insightful Market and Financial Update
- Permian Resources reports Q4 adjusted EPS 45c, consensus 32c
- PR Upcoming Earnings Report: What to Expect?
- Permian adds 500 accretive acres with majority ahead of ‘drill-bit’ in Q4
- Permian Resources price target lowered to $17 from $19 at Piper Sandler
