Pioneer Natural Resources Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Pioneer Natural Resources (NYSE:PXD) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 60% bullish and 40% bearish. Whales have been targeting a price range from $150.0 to $290.0 for Pioneer Natural Resources over the last 3 months. Roth MKM downgraded its action to Buy with a price target of $245, while Morgan Stanley and Mizuho maintained their ratings with price targets of $236 and $301 respectively.
October 12, 2023 | 2:32 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Pioneer Natural Resources has seen unusual options activity with a significant bullish stance. Analysts have mixed ratings with price targets ranging from $236 to $301.
The unusual options activity indicates that big-money traders are taking a bullish stance on PXD. This could potentially drive the stock price up in the short term. The mixed analyst ratings also suggest a potential upward movement, although the range of price targets indicates some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100