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Fly News Breaks for February 7, 2018
PXD
Feb 7, 2018 | 06:17 EDT
B. Riley FBR analyst Rehan Rashid reiterates a Buy rating on Pioneer Natural Resources with a $305 price target and adds the stock to his firm's Alpha Generator list. The analyst views the company's Q4 operating results as a "solid beat" and likes the strategic realignment. He believes Pioneer should use its "virtually debt free" balance sheet capacity to either buy back stock or pay higher dividends.
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