---
title: "Permian Resources (PR) Gets a Buy from Wells Fargo"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291683152.md"
description: "Wells Fargo analyst Sam Margolin maintained a Buy rating on Permian Resources (PR) with a $26.00 price target, noting the stock closed at $18.20. The broader market consensus is Strong Buy with an average target of $24.85. Additionally, Morgan Stanley recently maintained a Buy rating with a $24.00 target."
datetime: "2026-07-03T17:55:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291683152.md)
  - [en](https://longbridge.com/en/news/291683152.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291683152.md)
generator: "portal-rs"
---

# Permian Resources (PR) Gets a Buy from Wells Fargo

In a report released yesterday, Sam Margolin from Wells Fargo maintained a Buy rating on Permian Resources, with a price target of $26.00. The company’s shares closed yesterday at $18.20.

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According to TipRanks, Margolin is a 5-star analyst with an average return of 11.5% and a 66.44% success rate. Margolin covers the Energy sector, focusing on stocks such as BP, Chevron, and Marathon Petroleum.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Permian Resources with a $24.85 average price target, implying a 36.54% upside from current levels. In a report released on June 29, Morgan Stanley also maintained a Buy rating on the stock with a $24.00 price target.

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## Related News & Research

- [Wells Fargo Keeps Their Buy Rating on Permian Resources (PR)](https://longbridge.com/en/news/297770642.md)
- [Here's How Much $100 Invested In Permian Resources 5 Years Ago Would Be Worth Today](https://longbridge.com/en/news/297562330.md)
- [Citic Securities Sticks to Its Buy Rating for ZTE (ZTCOF)](https://longbridge.com/en/news/297977306.md)
- [J.P. Morgan Reaffirms Their Buy Rating on Permian Resources (PR)](https://longbridge.com/en/news/295797147.md)
- [RBC Capital Reaffirms Their Buy Rating on TotalEnergies SE (TTE)](https://longbridge.com/en/news/297769402.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**