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Fly News Breaks for August 22, 2017
PXD
Aug 22, 2017 | 07:09 EDT
Imperial Capital analyst Irene Haas initiated Pioneer Natural with an Outperform and a $160 price target saying it is a first mover and leader in the Midland Basin. Recent drilling issues are being remediated and concerns of much gassier Midland Basin are overdone, the analyst wrote. Haas views Pioneer as a high growth, low net debt opportunity.