Scotiabank Maintains Sector Perform on Pioneer Natural Resources, Raises Price Target to $282
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Paul Cheng maintains a Sector Perform rating on Pioneer Natural Resources (PXD) and raises the price target from $230 to $282.
April 11, 2024 | 4:08 pm
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Scotiabank raises price target for Pioneer Natural Resources (PXD) from $230 to $282, maintaining a Sector Perform rating.
The increase in price target by Scotiabank suggests a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term rise in stock price. The maintenance of a Sector Perform rating indicates that the stock is expected to perform in line with the sector, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90