Concho Resources Inc. Announces Acquisition of Midland Basin Assets
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Canaccord Genuity Raises Price Target on Concho Resources (CXO) Following Acuisition of Midland Acreage
August 17, 2016 11:38 AM EDTCanaccord Genuity reiterated a Hold rating on Concho Resources (NYSE: CXO), and raised the price target to $120.00 (from $104.00), following the company's acquisition of quality Midland acreage. The acquired leasehold sits mostly in southwest Martin and southeast Andrews Counties, a core area of the Midland Basin.... More
