RBC Capital Assumes Pioneer Natural Resources (PXD) at Outperform

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Go back to RBC Capital Assumes Pioneer Natural Resources (PXD) at Outperform

KLR Group Downgrades Pioneer Natural Resources (PXD) to Accumulate

March 21, 2016 7:23 AM EDT

KLR Group downgraded Pioneer Natural Resources (NYSE: PXD) from Buy to Accumulate with a price target of $162.00 (from $155.00).

Analyst John Gerdes commented, "We are downgrading PXD from Buy to Accumulate. We are increasing our target price $7 to $162 per share due to further refinement in oil composition... More