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Fly News Breaks for December 1, 2015
PXD
Dec 1, 2015 | 07:05 EDT
Raymond James upgraded Pioneer Natural to Strong Buy and increased its price target to $190 from $177 on shares. Analyst John Freeman said Pioneer boasts an enormous asset base in the Midland Basin, a best-in-class 2016 hedge book, and low net debt. Freeman believes Pioneer is set to reverse this year's relative underperformance versus Permian peers and for long-term investments to lead to higher returns and improving capital efficiency.
News For PXD From the Last 2 Days
