Citigroup Raises Permian Resources Price Target to $28
Citigroup lifted its price target for Permian Resources from $24 to $28 per share while maintaining a Buy rating, Benzinga reports.
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what happened
Citigroup raised its price target for Permian Resources to $28 per share from $24.
Benzinga reports that Citigroup maintained its Buy rating on the company’s shares.
why it matters
The higher target, alongside the unchanged Buy rating, signals a more constructive assessment of Permian Resources by Citigroup and may focus market attention on the stock.
instruments
sources
- Permian Resources Price Target Raised to $28.00/Share From $24.00 by Citigroup — Newsmetry API, 12 October 2026 at 21:12 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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