Truist Securities Maintains Hold Rating for Pioneer Natural Resources: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Truist Securities has maintained its Hold rating for Pioneer Natural Resources (NYSE:PXD) but lowered its price target from $220.00 to $196.00. Despite this, shares of Pioneer Natural Resources are trading up 1.48% over the last 24 hours, at $219.05 per share.
July 24, 2023 | 5:00 pm
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Truist Securities has maintained its Hold rating for Pioneer Natural Resources but lowered its price target. This could potentially lead to a short-term decrease in the stock price.
The lowering of the price target by Truist Securities could lead to a decrease in the stock price of Pioneer Natural Resources in the short term. However, the stock is currently trading up, which indicates that the market may not have fully reacted to this news yet.
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IMPORTANCE 80
RELEVANCE 100