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Permian Resources price target raised to $22 from $21 at TD Cowen

Permian Resources price target raised to $22 from $21 at TD Cowen

TD Cowen raised the firm’s price target on Permian Resources to $22 from $21 and keeps a Buy rating on the shares. The firm said they posted a solid 2Q as oil of 152.9kd from 516MM in capex (pre-announced 518MM) matches Street.

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