Pioneer Natural Resources (PXD) Tops Q2 EPS by 12c

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Pioneer Natural Resources (PXD) PT Raised to $238 at KLR Group

July 28, 2016 1:54 PM EDT

KLR Group reiterated a Buy rating and raised its price target on Pioneer Natural Resources (NYSE: PXD) to $238.00 (from $218.00), noting compelling expense control and higher oil composition.

Analyst John Gerdes commented, "We increasing our PXD target price $20 to $238 per share due to approximately 15%... More