Список проголосовавших за комментарий " <table class="BriefingDataTable" border="0" cellspacing="0" cellpadding="0"><tr> <td class="tickerColumn"> </td> <td class="articleColumn">Pioneer Natural Resources downgraded to Hold at Williams Capital Group; tgt lowered to $206 (182.90)Williams Capital Group downgrades PXD to Hold from Buy and lowers their tgt to $206 from $226. After revisiting their production and RNAV models for a more consistent growth trajectory going forward, PXD presents a less attractive risk/reward proposition. While PXD is tracking to move away from outspending internally generated cash flow, it will sacrifice production and cash flow growth, which may drive a potential multiple contraction. Firm has also reduced their RNAV on a reduced rig cadence. Despite the upside to their revised price target, which is based on a 10.5x 2018 EBITDA multiple (the highest in our coverage) and a 20% discount to their RNAV, firm's Hold-rated is on a relative basis and they continue to prefer cos with more than 20% upside to tgts.</td> </tr></table>"