Theres a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Pioneer Natural (PXD – Research Report) and PBF Energy (PBF – Research Report) with bullish sentiments. Pioneer Natural (PXD) In a report issued on October 27, Vincent Lovaglio from Mizuho Securities maintained a Buy rating on Pioneer Natural, with a price target of $305.00. The companys shares closed last Friday at $257.31.
According to TipRanks.com, Lovaglio is a top 25 analyst with an average return of 45.9% and a 90.9% success rate. Lovaglio covers the Utilities sector, focusing on stocks such as Continental Resources, Occidental Petroleum, and Southwestern Energy.
Currently, the analyst consensus on Pioneer Natural is a Moderate Buy with an average price target of $285.50, a 5.4% upside from current levels. In a report issued on October 27, Stifel Nicolaus also maintained a Buy rating on the stock with a $297.00 price target.
See the top stocks recommended by analysts >> PBF Energy (PBF) In a report issued on October 27, Silvio Micheloto from Mizuho Securities maintained a Buy rating on PBF Energy, with a price target of $43.00. The companys shares closed last Friday at $45.78, close to its 52-week high of $49.00.
According to TipRanks.com, Micheloto is a top 100 analyst with an average return of 65.9% and a 97.8% success rate. Micheloto covers the Utilities sector, focusing on stocks such as HF Sinclair Corporation, Marathon Petroleum, and Delek US Holdings.
PBF Energy has an analyst consensus of Moderate Buy, with a price target consensus of $44.78.
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