Reported about 13 hours ago
RBC Capital recently raised its price target for Permian Resources Corporation (NYSE:PR) from $16 to $17, maintaining an Outperform rating. The upgrade follows strong Q1 2025 results, where PR surpassed profit, revenue, and output expectations, posting a record free cash flow per share of $0.54. The company is expanding its assets in the Delaware Basin despite market volatility, signifying stable operational performance.
Source: YAHOO