| 2016-10-17 08:14:06|
RSPP 08:14 10/17 10/17/16
RSP Permian price target raised to $51 from $44 at Wunderlich
Wunderlich analyst Irene Haas raised her price target for RSP Permian to $51 following the company's $2.4B Silver Hill acquisition. The analyst expects the company will "hit the ground running" in the Delaware Basin and points out the deal is immediately accretive to net asset value. Haas keeps a Buy rating on RSP.