Goldman Sachs Upgrades Parsley Energy (PE) to Buy

Goldman Sachs analyst John Nelson upgraded Parsley Energy (NYSE: PE) from Neutral to Buy with a price target of $30.00 (from $37.00).

The analyst upgrades the name given upside potential to his revised price target. He believes improved appreciation of the company's H2 2019 estimate FCF inflection ought to drive improved investor sentiment.

For an analyst ratings summary and ratings history on Parsley Energy click here. For more ratings news on Parsley Energy click here.

Shares of Parsley Energy closed at $21.12 yesterday.

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