FBR Capital Upgrades Cimarex Energy (XEC) to Outperform

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Analyst Up PT on Cimarex Energy (XEC) on Growth Forecasts

October 10, 2012 9:36 AM EDT

Canaccord Genuity maintained a Buy rating on Cimarex Energy (NYSE: XEC) and raised its price target to $87.00 (from $85.00).

Analyst said they expect Q3 results to show evidence of a resurgence of growth.

"We are increasing our target price $2 to $87 per... More