Global Hunter Securities Downgrades Plains Exploration (PXP) to Neutral

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Global Hunter Securities downgraded Plains Exploration (NYSE: PXP) from Accumulate to Neutral with a price target of $50.00 (from $58.00) after yesterday's takeover.

For an analyst ratings summary and ratings history on Plains Exploration click here. For more ratings news on Plains Exploration click here.

Shares of Plains Exploration closed at $44.50 yesterday, with a 52 week range of $30.12-$47.13.

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