Rex Energy (REXX) Tops Q4 EPS by 23c, Offers Q1 & FY Guidance

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KLR Group Raises Price target on Rex Energy (REXX) to $1.75; Reiterates Hold

March 17, 2016 7:46 AM EDT

KLR Group reiterated a Hold rating on REX Energy (NASDAQ: REXX), and raised the price target to $1.75 (from $1.50). REXX has amended and extended its previously announced exchange offer related to its outstanding 8.875% Senior Subordinated Notes due 2020 and 6.25% Senior Subordinated Notes due 2022. The company... More