Truist Securities Maintains Hold on Pioneer Natural Resources, Raises Price Target to $225
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Neal Dingmann has maintained a 'Hold' rating on Pioneer Natural Resources (NYSE:PXD) and raised the price target from $196 to $225.
August 04, 2023 | 1:55 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Pioneer Natural Resources' price target has been raised from $196 to $225 by Truist Securities, while maintaining a 'Hold' rating.
The increase in price target indicates that the analyst sees potential for the stock's price to rise in the future. However, the 'Hold' rating suggests that the analyst does not recommend buying more of the stock at the current price, but also does not recommend selling it. This could lead to a positive sentiment among investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100