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 it was a strong print underscored by a 3% oil beat versus the Street from in-line capex that continues to benefit from efficiency gains.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter