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Fly News Breaks for May 7, 2015
PXD
May 7, 2015 | 07:19 EDT
As previously reported, SunTrust upgraded Pioneer Natural to Buy from Neutral and raised its price target to $190 from $174. The firm believes Pioneer's activity will ramp in the Northern Midland Basin starting in July and raised its 2016 production estimate to approximately 14% from 5% previously.