Parsley Energy (PE) Misses Q1 EPS by 7c

Go back to Parsley Energy (PE) Misses Q1 EPS by 7c

Northland Raises Price Target on Parsley Energy (PE) Following 7c EPS Miss

May 14, 2015 9:24 AM EDT

Northland Capital Markets reiterates an Outperform rating on Parsley Energy (NYSE: PE), and raised the price target to $21.00 (from $19.00), as a result of strong performance. PE reported an EPS miss of ($0.07) (compared to $0.00 estimate), due to higher cash operating costs.

Northland analyst, Mo... More