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Fly News Breaks for February 11, 2016
PXD
Feb 11, 2016 | 07:48 EDT
Canaccord noted Pioneer Natural announced a reduction in 2016 activity and said despite the lower rig activity they should still yield double digit growth as their strong balance sheet allows for a high degree of flexibility. Canaccord reiterated its Buy rating and $147 price target on Pioneer Natural shares.