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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on PXD: