Goldman Sachs Upgrades Pioneer Natural Resources (PXD) to Conviction Buy

April 12, 2018 7:49 AM EDT
Get Alerts PXD Hot Sheet
Price: $269.62 --0%

Rating Summary:
    28 Buy, 20 Hold, 5 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 3 | Down: 5 | New: 34
Join SI Premium – FREE

Goldman Sachs upgraded Pioneer Natural Resources (NYSE: PXD) from to Conviction Buy with a price target of $231.00.

Analyst Brian Singer sees potential for outperformance citing Permian execution and Permian asset valuation. The analyst further believes the company is well positioned for relative superior execution which could drive premium Permian EV/EBITDA multiples.

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 $181.78 yesterday.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Hot Upgrades, Upgrades

Related Entities

Goldman Sachs Conviction Buy List, Goldman Sachs