SunTrust analyst Neal Dingmann raised his price target on Parsley Energy to $45 and kept his Buy rating after its Q1 earnings beat, saying the company's positive result is likely a sign of strength in the upcoming quarters. The analyst cites the company's operating plans focusing on known targets and also points to the early successes on the Delaware basin, making Parsley Energy's 2019 program and expected ramp "even more attractive". Dingmann further believes that the issues facing the company, such as adverse weather and financing uncertainty, are in the past.