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Fly News Breaks for July 18, 2016
PES
Jul 18, 2016 | 07:04 EDT
Wells Fargo analyst Judson Bailey upgraded Pioneer Energy to Outperform saying there is "tangible signs" that the oil service cycle is starting to turn positive and early signs that the recovery could be stronger than previously expected in the U.S. and internationally. The analyst raised his price target range for the shares to $6-$7 from $3-$4.
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