BofA Raises its Price Target on Permian Resources (PR) to $22

On April 27, 2026, BofA raised its terms people connected Permian Resources Corporation (NYSE:PR) to $22 from $20 and maintained a Neutral standing arsenic portion of a broader update connected U.S. lipid and state names. The steadfast said it expects a marketplace situation shaped by de-escalation efforts alongside recurring geopolitical flare-ups and elevated risks.

On April 21, 2026, Scotiabank expert Betty Zhang raised the terms people connected Permian Resources Corporation (NYSE:PR) to $25 from $21 and kept an Outperform rating. Scotiabank said its outlook connected the vigor assemblage remains mixed, with net estimates mostly supra statement for E&P companies but beneath for autarkic refiners, portion investors are apt to absorption connected whether caller lipid marketplace volatility affects enactment levels successful 2026 and beyond.

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Earlier successful April, KeyBanc expert Tim Rezvan initiated sum of Permian Resources Corporation (NYSE:PR) with an Overweight standing and a $25 terms target. Tim Rezvan said the steadfast remains constructive connected oil-focused companies and believes medium-term lipid futures prices are excessively low. The expert besides pointed to the company’s modulation to investment-grade indebtedness arsenic supportive of improved earthy state realizations and little borrowing costs.

Permian Resources Corporation (NYSE:PR) develops crude lipid and liquids-rich earthy state reserves successful the United States.

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