JP Morgan Upgrades Pioneer Natural Resources to Overweight, Raises Price Target to $264
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Arun Jayaram has upgraded Pioneer Natural Resources (NYSE:PXD) from Neutral to Overweight and raised the price target from $251 to $264.
August 16, 2023 | 9:43 am
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POSITIVE IMPACT
Pioneer Natural Resources has been upgraded from Neutral to Overweight by JP Morgan, with a raised price target of $264.
The upgrade from JP Morgan is a positive signal for Pioneer Natural Resources. The raised price target indicates that the analyst sees potential for the stock's price to increase in the short term. This could lead to increased investor interest and potentially a rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100