Analyst Ratings for Pioneer Natural Resources
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 12 Wall Street analysts have provided ratings for Pioneer Natural Resources (NYSE:PXD), with an average 12-month price target of $256.42, which is a 4.48% decrease from the previous target of $268.44. The ratings include 2 bullish, 9 indifferent, and 1 somewhat bearish. Analysts use various data sources to predict stock performance, and their ratings are considered important indicators for investors.
December 14, 2023 | 5:00 pm
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NEUTRAL IMPACT
Pioneer Natural Resources has an updated average price target of $256.42, reflecting a 4.48% decrease from the previous target, with a majority of analysts maintaining a neutral stance on the stock.
The new average price target suggests a slight negative sentiment compared to the previous target, indicating a potential decrease in investor expectations for PXD's stock performance. However, the majority of analysts are neutral, and there are no strong bearish signals, which is why the score is neutral. The importance is high as price targets are critical for investors, but not at the maximum because the change is relatively small. The confidence level is high due to the clear consensus among analysts, but not at the maximum because analyst predictions are not always accurate.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100