TD Cowen raised the firm’s price target on Permian Resources (PR) to $18 from $17 and keeps a Buy rating on the shares. The firm said its strong print underscored by a 3% oil beat versus the Street from in-line capex that continues to benefit from efficiency gains.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PR: