Pioneer Natural price target raised to $225 from $196 at Truist

Truist analyst Neal Dingmann raised the firm’s price target on Pioneer Natural to $225 from $196 and keeps a Hold rating on the shares. The company had an outstanding earnings call backing up strong results along with even more impressive guidance, the analyst tells investors in a research note. Truist adds that Pioneer Natural continues to see solid well improvement driven by longer laterals and various other operational and structural improvements.