Jefferies Maintains Hold on Pioneer Natural Resources, Raises Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Lloyd Byrne maintains a 'Hold' rating on Pioneer Natural Resources (NYSE:PXD) and raises the price target from $245 to $265.
August 28, 2023 | 12:32 pm
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Jefferies maintains a 'Hold' rating on Pioneer Natural Resources and raises the price target from $245 to $265.
The news is directly related to Pioneer Natural Resources. The 'Hold' rating suggests that the analyst believes the company's stock will perform in line with the market, so it's neither particularly bullish nor bearish. However, the increase in price target from $245 to $265 indicates a positive outlook on the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100