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Stock impact report

Permian Resources (PR): Assessing Valuation Following Recent Share Price Momentum [Yahoo! Finance]

Permian Resources Corporation Class A (PR) 
Company Research Source: Yahoo! Finance
The stock is up 4% in the past week and 9% over the past month. See our latest analysis for Permian Resources. Permian Resources is showing renewed momentum, with recent gains helping reverse some earlier weakness. While the 1-year total shareholder return is still down 7%, the company's multi-year performance has significantly outpaced the sector and suggests long-term growth under the surface. If this upward momentum has you rethinking your watchlist, now is the perfect time to broaden your search and discover fast growing stocks with high insider ownership But with strong multi-year returns and shares still trading at a significant discount to analyst price targets, the question remains: Is Permian Resources currently undervalued, or has the market already accounted for the company's future growth prospects? Most Popular Narrative: 26.5% Undervalued Permian Resources is closing the gap on its narrative fair value, which stands at $18.05 versus a recent close of $13.26. Show less Read more
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