Parsley Energy (PE) Misses Q4 EPS by 6c, Revenues Beat

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Mizuho Securities Reiterates Buy Rating on Parsley Energy (PE)

February 20, 2020 7:09 AM EST

Mizuho Securities analyst Paul Sankey reiterated a Buy rating and $26.00 price target on Parsley Energy (NYSE: PE). Parsley had already announced its boost - 60% to $0.05/sh quarterly - in late January along with 2020 budget and oil production growth expectations.

The 2020 free cash... More