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Fly News Breaks for May 23, 2018
PXD
May 23, 2018 | 15:42 EDT
MUFG analyst Michael McAllister raised his price target for Pioneer Natural to $223 from $220 as he continues to think it warrants a premium due to its acreage position, production growth, and the strength of its balance sheet. The analyst reiterates an Overweight rating on the shares, noting that the company outperformed Q1 expectations in terms of production, EPS, and cash flow.
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PXD
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