Pioneer Natural Resources (PXD) Tops Q2 EPS by 5c

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Imperial Capital Raises Price Target on Pioneer Natural Resources (PXD) to $213 Following EPS Beat

August 6, 2015 8:06 AM EDT

Imperial Capital reiterated an Outperform rating on Pioneer Natural Resources (NYSE: PXD), and raised the price target to $213.00 (from $201.00), following 2Q results. EPS of $0.10, beat the consensus view of $0.03.

Analyst Bob Christensen commented, "We are maintaining our Outperform rating, and increasing our one-year price target to $213 from $201, about 69% above the recent share price. PXD Is the dominant, best positioned... More