Jones Energy (JONE) Posts Mixed Q4 Results

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Imperial Capital Raises Price Target on Jones Energy (JONE) Following a 4Q Review

March 9, 2016 7:43 AM EST

Imperial Capital reiterated an In-Line rating on Jones Energy (NYSE: JONE), and raised the price target to $2.50 (from $1.25), following a 4Q review. The firm has the capital allocation ability to capitalize on M&A activities, repurchase senior unsecured debt or pay down its revolver. With the recent rebound in... More