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Fly News Breaks for July 13, 2015
PXD
Jul 13, 2015 | 08:09 EDT
As previously reported, Morgan Stanley upgraded Pioneer Natural to Overweight from Equal Weight with a $190 price target. The firm said Pioneer has the deepest well inventory in high-return plays in the large-cap E&P group, which will allow it to increased production longer than peers. Additionally, Morgan Stanley expects Spraberry could add to future growth and inventory potential.