Susquehanna Downgrades Pioneer Natural Resources to Neutral, Lowers Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril has downgraded Pioneer Natural Resources (NYSE:PXD) from Positive to Neutral and lowered the price target from $276 to $250.
November 06, 2023 | 11:00 am
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Pioneer Natural Resources has been downgraded from Positive to Neutral by Susquehanna, with a lowered price target of $250.
The downgrade from Positive to Neutral by Susquehanna indicates a less optimistic outlook for the company. The lowered price target from $276 to $250 suggests that the analyst believes the stock may not perform as well as previously expected. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100