Information Provided By:
Fly News Breaks for October 10, 2019
PXD
Oct 10, 2019 | 06:28 EDT
Mizuho analyst Paul Sankey upgraded Pioneer Natural Resources to Buy from Neutral with a $191 price target. Pioneer has one of the most significant and highest quality resource opportunities in U.S. unconventional, Sankey tells investors in a research note. Further, he says the company has shifted its focus towards sustainable free cash flow growth and has made major progress this year on cost cuts.