Under The Radar Investment Strategy: Goldman Forecasts 40% Upside for Permian Resources Corp
Monday, 30 September 2024, 14:37
Investment Strategy Analysis
Goldman Sachs analyst Neil Mehta has initiated coverage on Permian Resources Corp, emphasizing its potential as an under the radar opportunity in the energy sector. With a buy rating in place, the analyst proposes a 12-month price target of $19, suggesting an attractive investment strategy for those eyeing growth in the stock markets.
Key Highlights
- Coverage initiation by Goldman Sachs
- 40% upside potential identified
- Investment strategy focuses on energy sector
This development is pivotal in business news, offering a glimpse into the investment strategy that could benefit investors in a volatile market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.