Mizuho Maintains Neutral on Pioneer Natural Resources, Raises Price Target to $290
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Neutral rating on Pioneer Natural Resources (PXD) and raises the price target from $276 to $290.

March 19, 2024 | 12:45 pm
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Mizuho analyst Nitin Kumar maintains a Neutral rating on Pioneer Natural Resources and raises the price target from $276 to $290.
The increase in the price target from $276 to $290 by Mizuho suggests a positive outlook on the stock's value, potentially leading to short-term price appreciation. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential for both upside and downside.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90