Cowen analyst Gabe Daoud upgraded Permian Resources to Outperform from Market Perform with a $15 price target. The analyst shuffled ratings post the Q4 results, saying Permian stands out as "differentiated," offering a mix of oil growth, free cash flow and return on capital alongside a "well-aligned" management team as evidenced by co-CEOs owning 6% of the equity combined.
Published first on TheFly
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