Permian Resources (PR) Price Target Raised by Analysts

The share price of Permian Resources Corporation (NYSE:PR) surged by 2.2% between November 14 and November 21, 2025, putting it among the Energy Stocks that Gained the Most This Week.

Permian Resources (PR) Price Target Raised by Analysts

Permian Resources Corporation (NYSE:PR) is an independent oil and natural gas company focused on the development of crude oil and associated liquids-rich natural gas reserves in the United States.

Permian Resources Corporation (NYSE:PR) received a boost on November 14 when Goldman Sachs analyst Neil Mehta raised the firm’s price target on the stock from $17 to $18, while maintaining a ‘Buy’ rating on the shares. The update follows the impressive Q3 results posted by the company earlier this month, with the company reporting strong free cash flow, driven by production outperforming the guidance, a 6% sequential decrease in controllable cash costs, and an 11% YoY decrease in D&C costs due to incremental operational efficiencies.

Then on November 20, Morgan Stanley also raised its price target on Permian Resources Corporation (NYSE:PR) from $18 to $19, while keeping its ‘Overweight’ rating. The uptick comes as the firm adjusted its price targets for North American energy stocks to account for the updated guidance for FY 2025 and preliminary messaging for 2026. Moreover, Morgan Stanley continues to prefer gas over oil stocks, given current commodity price trends.

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