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Stock impact report

Permian Resources (PR) Price Target Raised by Analysts [Yahoo! Finance]

Permian Resources Corporation Class A (PR) 
Company Research Source: Yahoo! Finance
Permian Resources Corporation (NYSE:PR) is an independent oil and natural gas company focused on the development of crude oil and associated liquids-rich natural gas reserves in the United States. On December 12, UBS raised its price target on Permian Resources Corporation (NYSE:PR) from $17 to $19, while maintaining a ‘Buy' rating on the shares. The update comes amid the analyst's bullish outlook on the energy sector in 2026, driven by improving oil and natural gas forecasts, M&A-driven value creation, cost and capex efficiencies, emerging OFS opportunities, and attractive valuations. While the analyst firm favors natural gas E&Ps, it expects the positive momentum to spread broadly across Oil E&Ps and OFS. Again, on December 12, Mizuho analyst William Janela also raised the firm's price target on Permian Resources Corporation (NYSE:PR) from $19 to $21, and maintained its ‘Outperform' rating on the shares. The revised target, which represents an upside potential of almost 50% fro Show less Read more
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