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Analysts Conflicted on These Energy Names: LandBridge Company LLC Class A (LB) and Permian Resources (PR)

Tipranks - Fri May 8, 6:20AM CDT

Analysts have been eager to weigh in on the Energy sector with new ratings on LandBridge Company LLC Class A (LB) and Permian Resources (PR).

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LandBridge Company LLC Class A (LB)

In a report released today, Alexander Goldfarb from Piper Sandler reiterated a Hold rating on LandBridge Company LLC Class A, with a price target of $65.00. The company’s shares closed last Wednesday at $66.00.

According to TipRanks.com, Goldfarb is a 3-star analyst with an average return of 1.5% and a 47.4% success rate. Goldfarb covers the NA sector, focusing on stocks such as Innovative Industrial Properties, Curbline Properties Corp., and Hudson Pacific Properties. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for LandBridge Company LLC Class A with a $79.00 average price target.

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Permian Resources (PR)

Siebert Williams Shank & Co analyst Gabriele Sorbara maintained a Buy rating on Permian Resources today and set a price target of $25.00. The company’s shares closed last Wednesday at $21.21.

According to TipRanks.com, Sorbara is a 5-star analyst with an average return of 15.7% and a 64.9% success rate. Sorbara covers the NA sector, focusing on stocks such as Infinity Natural Resources, Inc. Class A, Crescent Energy Company Class A, and Comstock Resources. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Permian Resources with a $24.09 average price target, a 13.1% upside from current levels. In a report issued on April 22, Scotiabank also maintained a Buy rating on the stock with a $25.00 price target.

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