Mizuho analyst Nitin Kumar downgraded Pioneer Natural (PXD) to Neutral from Buy with a $301 price target. The analyst cites the company’s definitive agreement to be acquired by Exxon Mobil (XOM) for the downgrade.
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- Pioneer Natural downgraded to Neutral from Positive at Susquehanna
- Pioneer Natural reports Q3 adjusted EPS $5.83, consensus $5.51
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