StoneX reiterates Hold rating on Permian Resources stock
StoneX maintained a Hold rating on Permian Resources (NYSE:PR) due to valuation concerns, despite raising its Q3 EBITDA estimate to $1.35B. PR's stock has surged 92% in a year, with a PEG ratio of 5.59. Keybanc set a new price target of $28 for PR, citing market shifts. PR reported strong Q2 2026 earnings, exceeding expectations with $1.86B revenue and $0.69 EPS.
