Permian Resources (PR) Price Target Raised

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

Permian Resources (PR) Price Target Raised

Post by dan_s »

Piper Sandler: Permian Resources Corporation (NYSE:PR) is one of the best large cap stocks to buy under $20. On October 21, Piper Sandler raised the price target on Permian Resources to $21 from $20 and kept an Overweight rating on the shares. This sentiment came as Piper Sandler is adjusting estimates for its E&P coverage ahead of the Q3 2025 earnings announcements.

TipRanks 10-24-2025: "In the last 3 months, 17 ranked analysts set 12-month price targets for PR. The average price target among the analysts is $18.06." < During the last two weeks, 8 energy sector analysts submitted fresh price targets to TipRanks. All 8 of them rate it a BUY and their price targets range from $14 to $21.

At the time of this post PR was trading for $12.79. < My current valuation is $20.
Dan Steffens
Energy Prospectus Group
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