Parsley Energy (PE) Misses Q2 EPS by 12c
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Imperial Capital Raises Price Target on Parsley Energy (PE) to $40; Reiterates Outperform
August 5, 2016 8:16 AM EDTImperial Capital reiterated an Outperform rating on Parsley Energy (NYSE: PE), and raised the price target to $40.00 (from $34.00), following the company's 2Q earnings report. The company has maintained a four rig program and its production sequentially grew 23% in 2Q16 with no new rigs. Over the next two... More
