Reported 2 days ago
RBC Capital has raised its price target for Permian Resources (NYSE:PR) to $18, anticipating solid operational results for Q3 2025 in line with previous quarters and market expectations. The firm expects continued low-single digit organic oil growth and improving capital efficiencies as management maintains its current pace of activities. Additionally, Mizuho Securities has reiterated a Buy rating with a $19 price target. Despite the potential of PR, there are considerations that some AI stocks may present more favorable investment opportunities.
Source: YAHOO