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Fly News Breaks for April 26, 2016
PXD
Apr 26, 2016 | 07:12 EDT
UBS raised its price target on Pioneer Natural to $185 from $170 following better than expected Q1 results. The firm cited raised production guidance with no change to their capital expenditure budget as well as a discount valuation to net asset value. UBS reiterated its Buy rating on Pioneer Natural shares.
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