Analysts at Oppenheimer initiated coverage on Parsley Energy Inc PE with a Outperform rating.
The target price for Parsley Energy is set to $23.
Parsley Energy shares have dropped 28.34 percent over the past 52 weeks, while the S&P 500 index has surged 9.66 percent in the same period.
Parsley Energy shares rose 1.12 percent to close at $18.03 yesterday.
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