Canaccord Genuity Downgrades Pioneer Natural Resources To Hold

Analysts at Canaccord Genuity downgraded Pioneer Natural Resources Company

from Buy to Hold. The target price for Pioneer Natural Resources has been lowered from $305 to $224. Pioneer Natural shares have surged 23.52% over the past 52 weeks, while the S&P 500 index has jumped 22.66% in the same period. Pioneer Natural Resources' shares closed at $211.35 yesterday.