Goldman Sachs Adds Pioneer Natural Resources (PXD) to Conviction Buy List
Tweet
Share
E-mailGet Alerts PXD Hot Sheet
Price: $269.62 --0%
Rating Summary:
28 Buy, 20 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
28 Buy, 20 Hold, 5 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
Goldman Sachs added Pioneer Natural Resources (NYSE: PXD) to its Conviction Buy List with a price target of $116, suggesting 25% upside.
The firm sees attractive risk/reward as they expect rising production from its 3 key plays - Spraberry the Eagle Ford Shale and now the Wolfcamp Shale. This will drive top-tier production growth in 2012 and beyond, the firm notes.
For an analyst ratings summary and ratings history on Pioneer Natural Resources click here. For more ratings news on Pioneer Natural Resources click here.
Shares of Pioneer Natural Resources closed at $93.03 yesterday.
The firm sees attractive risk/reward as they expect rising production from its 3 key plays - Spraberry the Eagle Ford Shale and now the Wolfcamp Shale. This will drive top-tier production growth in 2012 and beyond, the firm notes.
For an analyst ratings summary and ratings history on Pioneer Natural Resources click here. For more ratings news on Pioneer Natural Resources click here.
Shares of Pioneer Natural Resources closed at $93.03 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Freedom Broker Upgrades Walmart (WMT) to Buy
- B.Riley Upgrades RF Industries Ltd. (RFIL) to Buy
- Morgan Stanley Upgrades Ternium S.A. (TX) to Overweight
Create E-mail Alert Related Categories
Hot Upgrades, UpgradesRelated Entities
Goldman Sachs Conviction Buy List, Goldman SachsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
