Capital One Southcoast Downgrades Rex Energy Corporation (REXX) to Neutral; Valuation Call
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Capital One Southcoast downgrades Rex Energy Corporation (Nasdaq: REXX) to Neutral. Price target $8.
Capital One analyst says, "Since we upgraded REXX to an ADD at the end of July, the stock is up 30%. At the current price of $7.69, REXX is within 4% of our target price and warrants a NEUTRAL recommendation."
To see more analyst ratings on REXX Click Here.
Rex Energy Corporation operates as an independent oil and gas company in the Illinois Basin and the Appalachian Basin.
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